Building Details

Units 240

Listing Agency: Ariel Property Advisors s***@arielpa.com Show Phone

Listed By: Drew Mc Williams · License #10401365183

Source: Crexi

Added: Feb 24 Changed: Aug 8 Last Checked: Jul 16 at 12:13PM

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Investment Insights

Based on property information with market context.

This institutional affordable housing asset is located in Manhattan and features 400 residential units, commercial space, and parking. The property encompasses a total size of 191934 square feet.

Key Highlights

• 400 Residential Units available.
• Prime Manhattan Location.
• Institutional Asset, well‑maintained.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,250

Businesses Nearby

Explore this area Business Placement

Demographics for 10029, NY

78,141

Population

36,955

Households

2.1

Avg Household Size

36

Median Age

36%

College-Educated

78%

High-School Grad

1.2 sq mi

ZIP Area

65,118

Density / Sq Mi

$38,308

Median Household Income

$41,951

Median Earnings

$1,183

Median Rent

$818,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - 400 residential units, commercial space, and parking in Manhattan.

Where is this apartment building located?

The property is located at 1465 Park Ave New York, NY.

What is the asking price?

The asking price for this property is $11,000,000.

What are key features of this property?

This property features: 400 Residential Units available.; Prime Manhattan Location.; Institutional Asset, well‑maintained.