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Fully Occupied Mixed-Use Investment
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2447 44th Street, New York, NY 11103

Free-market mixed-use building with residential and commercial units.

Property SizeContact for details
Days on Market195

Property Features for 2447 44th Street

General Information

Standard status Active
Property subtype Mixed Use
Zoning R5
Net Operating Income $536,231

Building Details

Year Built 1948
Units 29
Listing Agency: NY SPACE FINDERS INC,
Listed By: LUCA DICIERO · License #10351202702
Source: Crexi
Added: Feb 10 Changed: Aug 24 Last Checked: Aug 23 at 11:45AM

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 NY SPACE FINDERS INC,

Investment Insights

Based on property information with market context.

This fully occupied, free-market mixed-use building is located at 24-47 44th Street. It features 24 residential units and 4 commercial spaces, offering diversified income and long-term investment potential. The property includes 11 on-site parking spaces. The location provides convenient access to major highways, bridges, and public transportation. The surrounding neighborhood offers residential density, local retail, dining, and everyday amenities supporting consistent occupancy. Tenants are responsible for their own utilities, which helps manage operating expenses.

Key Highlights

  • Fully Occupied Mixed‑Use Building: immediate income from 24 residential units and 4 commercial spaces.
  • Free Market Units: potential for increased rental income.
  • Diversified Income Streams: Combination of residential and commercial tenants ensures consistent cash flow.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Bar & Pub

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

5,382
Businesses Nearby

Demographics for 11103, NY

37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Free-market mixed-use building with residential and commercial units.
Where is this mixed-use property located?
The property is located at 2447 44th Street New York, NY.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Fully Occupied Mixed‑Use Building: immediate income from 24 residential units and 4 commercial spaces.; Free Market Units: potential for increased rental income.; Diversified Income Streams: Combination of residential and commercial tenants ensures consistent cash flow.
(347) 242-0353 Call to check price and availability
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