Search
Seven-Unit Mixed-Use Property
New
For Sale
$5,500,000

245 E 81st St, New York, NY 10028

All five residences and two street-level retail spaces are scheduled to be vacant at closing.

Property Size3,932 SF
Days on Market2

Property Features for 245 E 81st St

General Information

Standard status Active
Size 3,932 SF
Property subtype Mixed-Use

Amenities

245 East 81st Street is a 4-story mixed-use asset with significant development upside in Yorkville, Manhattan
Delivered 100% Vacant | 12,430 Buildable SF | Zoning: C1-9 / R10 | Tax Class: 2B Protected | 8,502 SF of Unused Air Rights
Nearby amenities include Equinox, Fairway Market, Sette Mezzo, and Jones Wood Foundry. Transportation is convenient via the Q train at 86th Street & multiple MTA bus routes along York, 1st, & 2nd Ave.

Building Details

Building Size 3,932 SF
Units 7
Listing Agency: New York City Office
Listed By: Joe Koicim · License #License(s): NY: 10301208718
Source: Marcusmillichap
Added: Oct 7 Last Checked: Oct 7 at 1:55PM

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 New York City Office

Investment Insights

Based on property information with market context.

At 245 E 81st St, this four-story walk-up combines five residential units with two ground-floor retail spaces. The building contains approximately 3,932 gross square feet on a 20-by-62-foot lot, and all seven spaces are to be delivered vacant at closing.

The property is zoned C1-9 / R10 equivalent and has 12,430 buildable square feet, including 8,502 square feet of unused air rights.

Key Highlights

  • Five residential units and two ground‑floor retail spaces
  • All seven spaces delivered vacant at closing
  • Four‑story walk‑up with approximately 3,932 gross square feet

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Brazilian Waxing Center Hair Salon

Suggested Use

Top Pick Law Firm Auto Repair Shop Kitchen & Bath Showroom Accounting Firm Barber Shop Daycare Center

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

19,470
Businesses Nearby

Demographics for 10028, NY

48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - All five residences and two street-level retail spaces are scheduled to be vacant at closing.
Where is this mixed-use property located?
The property is located at 245 E 81st St New York, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Five residential units and two ground‑floor retail spaces; All seven spaces delivered vacant at closing; Four‑story walk‑up with approximately 3,932 gross square feet
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again