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Vacant Brownstone Quadplex
For Sale
Contact for pricing
Pending

409 E 50th St, New York, NY 10022

Vacant brownstone with residential units, office space, and prior single-family conversion plans requiring updated approvals.

Property Size3,340 SF
Days on Market142

Property Features for 409 E 50th St

General Information

Standard status Pending
Size 3,340 SF
Property subtype Multifamily

Units

Multifamily Units 4
Office Units 1

Building Details

Year Built 1930
Buildings 1
Building Size 3,340 SF
Construction brownstone
Listing Agency: Prime Manhattan Realty
Listed By: Anthony Celifarco · License #NY 10401281083
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:56PM

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 Prime Manhattan Realty

Investment Insights

Based on property information with market context.

Built in 1930, this vacant brownstone is 19 feet wide and contains approximately 3,340 SF across four residential units and one office. The existing configuration supports continued multifamily use, while prior planning provides a framework for evaluating a single-family conversion. The property also offers an ownership arrangement involving a duplex and two rental apartments.

A prior single-family conversion plan was approved in 2015, though the plans must be updated and resubmitted for current approval. The building is on a tree-lined street in Turtle Bay, between 1st Avenue and Beekman Place, with restaurants, cafes, and shopping nearby.

Key Highlights

  • 3,340± SF brownstone built in 1930
  • Four residential units plus one office
  • 19' wide vacant brownstone

Property Analytics

Current Use

Quadplexes

Suggested Use

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

1
Office units
4
Residential units

Location Intelligence

Trade Area within ½ mile

42,091
Businesses Nearby

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

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?
Quadplex - Vacant brownstone with residential units, office space, and prior single-family conversion plans requiring updated approvals.
Where is this quadplex located?
The property is located at 409 E 50th St New York, NY.
What are key features of this property?
This property features: 3,340± SF brownstone built in 1930; Four residential units plus one office; 19' wide vacant brownstone
More about this property
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