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Mixed-Use Building with Restaurants
For Sale
$11,950,000

468 W 47th Street New York, Manhattan, NY 10036

The upper floors contain nine apartments with one-, two-, and three-bedroom layouts.

Property Size9,035 SF
Price / SF$1,322
Days on Market89

Property Features for 468 W 47th Street New York

General Information

Standard status Active
Size 9,035 SF
Property subtype Commercial

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $175,500

Building Details

Building Size 9,035 SF
Year Built 1910
Buildings 1
Stories 5
Units 11
Listing Agency: Winzone Realty Inc
Listed By: Keng J. Bay · License #NY40BA1136737
Source: Croninreale
Added: Jul 28 Changed: Oct 23 Last Checked: Oct 23 at 9:50AM

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 Winzone Realty Inc

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Investment Insights

Based on property information with market context.

This 9,035-square-foot mixed-use building, constructed in 1910, combines two ground-floor store spaces with nine apartments above. The first floor includes restaurant space at both the front and rear, and the basement provides storage.

Apartments occupy the second through fifth floors. The mix includes one- and two-bedroom units as well as a three-bedroom apartment, with bathrooms ranging from one to two per unit. The property is located at 468 W 47th Street in Manhattan’s Hell’s Kitchen area.

Key Highlights

  • 9,035 SF mixed‑use building
  • Two ground‑floor stores, with restaurant spaces at the front and rear
  • Nine apartments across the second through fifth floors

Property Analytics

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Current Use

Foodance Restaurant Restaurant

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

28,628
Businesses Nearby

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper floors contain nine apartments with one-, two-, and three-bedroom layouts.
Where is this mixed-use property located?
The property is located at 468 W 47th Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: 9,035 SF mixed‑use building; Two ground‑floor stores, with restaurant spaces at the front and rear; Nine apartments across the second through fifth floors
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