Fully Occupied Mixed-Use
For Sale
Contact for pricing
220 East 53rd Street, New York, NY 10022
Three connected buildings combine street-level commercial space with seven free-market apartments in Midtown East.
Property Size10,980 SF
Days on Market8
Property Features for 220 East 53rd Street
General Information
Standard status
Active
Size
10,980 SF
Property subtype
Retail, Multifamily, Mixed Use
Zoning
R8B / C5-2
Occupancy
100%
Units
Unit Mix
6 x 2BR, 1 x 3BR
Multifamily Units
7
Additional Details
Road Access
Yes
Building Details
Buildings
3
Stories
4
Units
12
Tenancy
Multi
Listing Agency:
Avison Young - New York
(908) 392-0109
Listed By:
Ryan McGuirl · License #10301216246
Source:
Crexi
Added: Aug 25
Changed: Aug 31
Last Checked: Aug 31 at 9:27AM
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 Avison Young - New York
Investment Insights
Based on property information with market context.
This mixed-use portfolio comprises three contiguous buildings with 10,980 square feet of total property size and 5,085 square feet of commercial space. The street-facing commercial component is occupied by restaurants and neighborhood-serving businesses, while the residential portion includes six two-bedroom apartments and one three-bedroom apartment. All residential units are free market, and the property is currently 100% occupied.
The buildings are positioned on the south side of East 53rd Street between 2nd and 3rd Avenues in Midtown East, with access to the area's employment centers, hotels, restaurants, luxury residential towers, and transportation networks. Zoning is R8B / C5-2. Several residential leases are scheduled to roll over in the near term, providing an opportunity to address future leasing activity within an occupied asset.
The buildings are positioned on the south side of East 53rd Street between 2nd and 3rd Avenues in Midtown East, with access to the area's employment centers, hotels, restaurants, luxury residential towers, and transportation networks. Zoning is R8B / C5-2. Several residential leases are scheduled to roll over in the near term, providing an opportunity to address future leasing activity within an occupied asset.
Key Highlights
- Three contiguous mixed‑use buildings totaling 10,980 square feet
- 5,085 square feet of commercial space occupied by restaurants and neighborhood‑serving businesses
- Residential component includes six two‑bedroom units and one three‑bedroom unit
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
68,223
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three connected buildings combine street-level commercial space with seven free-market apartments in Midtown East.
Where is this mixed-use property located?
The property is located at 220 East 53rd Street New York, NY.
What are key features of this property?
This property features: Three contiguous mixed‑use buildings totaling 10,980 square feet; 5,085 square feet of commercial space occupied by restaurants and neighborhood‑serving businesses; Residential component includes six two‑bedroom units and one three‑bedroom unit
