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Corner Mixed-Use Property
For Sale
$5,750,000

209 Seventh Avenue, New York, NY 10011

Recently renovated, fully leased corner mixed-use building with a fully-vented restaurant and five apartments.

Property Size3,756 SF
Days on Market119

Property Features for 209 Seventh Avenue

General Information

Standard status Active
Size 3,756 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Multifamily Units 5

Building Details

Building Size 3,756 SF
Stories 4
Listing Agency: Matthews Real Estate Investments Services | New York
Listed By: Brock Emmetsberger · License #10301208301 (NY)
Source: Matthews
Added: May 8 Changed: Sep 3 Last Checked: Sep 2 at 1:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investments Services | New York

Investment Insights

Based on property information with market context.

209 Seventh Avenue is a recently renovated, fully leased, four-story corner mixed-use property. The ground floor features a fully-vented restaurant space leased by Tziki through 2034. The upper floors are configured as five apartments, including two studios and three one-bedrooms.

The building is described as being in the heart of Chelsea. All residential units are registered as free market, and the property benefits from tax class 2A protection.

As currently configured, the income mix includes the leased restaurant on the ground floor and five above-floor apartments, providing a turnkey, renovated investment structure in a corner setting.

Key Highlights

  • Recently renovated, fully leased four‑story corner mixed‑use property in Chelsea
  • Ground‑floor fully‑vented restaurant space leased by Tziki through 2034
  • Above floors include five apartments: two studios and three one‑bedrooms

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pet Grooming Service Buffet Nursing Home Adult Day Care Locksmith (Bike/Boat/Book/etc) Store

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

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

55,833
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Similar Off Market Nearby

  • Bread and butter 45 E 33rd St, New York, NY 10016

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Recently renovated, fully leased corner mixed-use building with a fully-vented restaurant and five apartments.
Where is this conventional restaurant located?
The property is located at 209 Seventh Avenue New York, NY.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Recently renovated, fully leased four‑story corner mixed‑use property in Chelsea; Ground‑floor fully‑vented restaurant space leased by Tziki through 2034; Above floors include five apartments: two studios and three one‑bedrooms
More about this property
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