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Midtown West Mixed-Use Investment
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467 W 49th St, New York, NY 10019

Mixed-use property in a rapidly transforming Manhattan neighborhood.

Property Size4,297 SF
Lot Size0.03 Acres
Price / SF$1,512
Days on Market162

Property Features for 467 W 49th St

General Information

Standard status Active
Size 4,297 SF
Lot size 0.03 Acres
Property subtype Mixed Use, Multifamily, Retail
Zoning C2-5/R8/CL
Occupancy 100%
Investment Type Value Add
Net Operating Income $282,571

Building Details

Year Renovated 1987
Buildings 1
Stories 4
Units 4
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Saiid Boukhalfa · License #NY 30BO1115908
Source: Crexi
Added: Mar 2 Changed: Aug 8 Last Checked: Aug 10 at 7:17AM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

Located in Midtown West, this mixed-use investment property at 714 Tenth Avenue offers approximately 4,297 square feet of space. Situated on the northeast corner of 49th Street and Tenth Avenue, the building has a width of 20 feet. The ground floor measures 20 feet by 64 feet, while the upper floors measure 20 feet by 50 feet. The lot dimensions are 20 feet by 64 feet. Zoned C2-5/R8/CL, the property includes an additional 7,159 square feet of air rights. The entire property may be delivered vacant.

Key Highlights

  • Entire property can be delivered vacant.
  • Located in rapidly transforming Midtown West.
  • Mixed‑use investment property.

Property Analytics

Current Use

Paris Event Prestige Event Planning NewYork Wax Salon ... Hair Salon

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.

Location Intelligence

Trade Area within ½ mile

20,242
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
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 - Mixed-use property in a rapidly transforming Manhattan neighborhood.
Where is this mixed-use property located?
The property is located at 467 W 49th St New York, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Entire property can be delivered vacant.; Located in rapidly transforming Midtown West.; Mixed‑use investment property.
More about this property
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