Four-Story Mixed-Use Corner
For Sale
Contact for pricing
415 3rd Avenue, New York, NY 10016
Ground-floor restaurant space supports six newly renovated apartments with in-unit laundry.
Property Size5,844 SF
Price / SF$1,403
Days on Market15
Property Features for 415 3rd Avenue
General Information
Standard status
Active
Size
5,844 SF
Class
C
Property subtype
Mixed Use
Zoning
C2-8 / 8d
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$356,505
Units
Unit Mix
3 x 2BR, 3 x 1BR
Multifamily Units
6
Additional Details
Road Access
Yes
Amenities
in-unit washer and dryers
Building Details
Year Built
1930
Year Renovated
2021
Buildings
1
Stories
4
Units
6
Tenancy
Multi
Listing Agency:
PD Properties NYC
Listed By:
David Park · License #NY
Source:
Crexi
Added: Aug 19
Changed: Sep 1
Last Checked: Sep 1 at 9:23PM
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 PD Properties NYC
Investment Insights
Based on property information with market context.
Located at 415 Third Avenue in New York’s Kips Bay neighborhood, this 5,844-square-foot, four-story mixed-use property combines ground-floor retail with residential space above. The retail portion is leased to Fumo Restaurant. Six apartments occupy the upper levels, including three front two-bedroom residences and three rear one-bedroom residences. Each apartment includes an in-unit washer and dryer, and the units are newly renovated.
The building occupies the northeast corner of Third Avenue and East 29th Street, providing wraparound frontage and a prominent avenue-facing position. It is zoned C2-8 / 8d, with an R10 equivalent. The property is underbuilt and includes approximately 8,793 square feet of unused air rights, with capacity for a maximum of 14,630± buildable square feet in a future mixed-use development.
The building occupies the northeast corner of Third Avenue and East 29th Street, providing wraparound frontage and a prominent avenue-facing position. It is zoned C2-8 / 8d, with an R10 equivalent. The property is underbuilt and includes approximately 8,793 square feet of unused air rights, with capacity for a maximum of 14,630± buildable square feet in a future mixed-use development.
Key Highlights
- 5,844‑square‑foot, four‑story mixed‑use property
- Six apartments: three two‑bedroom units and three one‑bedroom units
- Newly renovated residential units with in‑unit washers and dryers
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
60,751
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
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 - Ground-floor restaurant space supports six newly renovated apartments with in-unit laundry.
Where is this mixed-use property located?
The property is located at 415 3rd Avenue New York, NY.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 5,844‑square‑foot, four‑story mixed‑use property; Six apartments: three two‑bedroom units and three one‑bedroom units; Newly renovated residential units with in‑unit washers and dryers
