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Renovated Mixed-Use Townhouse
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42 1/2 St Marks, New York, NY 10003

Five-story property combines a leased retail storefront with distinctive residential apartments, including a triplex with private laundry and skylights.

Property Size2,558 SF
Days on Market145

Property Features for 42 1/2 St Marks

General Information

Standard status Active
Size 2,558 SF
Property subtype Mixed Use
Occupancy 100%

Units

Unit Mix 1 x 1BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Building Details

Buildings 1
Stories 5
Listing Agency: Avenue New York
Listed By: Jerica Lam · License #NY 10401279829
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:30PM

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 Avenue New York

Investment Insights

Based on property information with market context.

This renovated five-story townhouse at 42 1/2 St Marks in New York contains approximately 2,558 square feet and is configured for mixed-use occupancy. The ground level is leased to a retailer under a 7-year lease. Residential space includes a second-floor one-bedroom, one-bath apartment with high ceilings and a Juliet balcony, plus a three-level apartment spanning the third through fifth floors with four bedrooms and two baths. The upper residence also includes a washer and dryer, gas fireplace, and living-room skylights.

The building is on St. Marks Place in the East Village, a setting identified in the property information as a prominent cultural street. The building is fully occupied. Its current arrangement supports continued retail and residential use, while the property information also identifies the possibility of using the entire building as a single-family home.

Key Highlights

  • Renovated five‑story mixed‑use townhouse
  • 2,558 (approx.) square footage
  • Ground‑floor retail tenant secured by a 7‑year lease

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Nursing Home Auto Parts Store Buffet Adult Day Care Pet Grooming Service Locksmith

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

33,806
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Five-story property combines a leased retail storefront with distinctive residential apartments, including a triplex with private laundry and skylights.
Where is this mixed-use property located?
The property is located at 42 1/2 St Marks New York, NY.
What are key features of this property?
This property features: Renovated five‑story mixed‑use townhouse; 2,558 (approx.) square footage; Ground‑floor retail tenant secured by a 7‑year lease
More about this property
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