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Four-Story Mixed-Use Apartment Buildings
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5413 Seventh Avenue & 702 54th Street, New York, NY 11220

Contiguous walk-up buildings combine residential apartments with street-level stores near major medical centers and transit access.

Property SizeContact for details
Days on Market146

Property Features for 5413 Seventh Avenue & 702 54th Street

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 68

Building Details

Year Built 1911
Buildings 2
Stories 4
Tenancy Multi
Listing Agency: Meridian Capital Group Midtown
Listed By: Shallini Mehra · License #NY 10301207794
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 7:50PM

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 Meridian Capital Group Midtown

Investment Insights

Based on property information with market context.

Constructed in 1911, this mixed-use property comprises two contiguous, four-story walk-up apartment buildings with 68 apartments and 6 stores. Together, the buildings extend along much of the block between 54th and 55th Streets on 7th Avenue, combining residential units with ground-floor commercial space.

The property is near Maimonides Medical Center and NYU Langone Hospital. Transit access includes the R subway line at 53rd Street and 4th Avenue, while the BQE and Belt Parkway merge is a few blocks south, providing routes toward New York City. The residential and storefront components create a varied operating profile within a single connected property.

Key Highlights

  • Two contiguous 4‑story walk‑up apartment buildings
  • 68 apartments and 6 stores
  • Built in 1911

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Hotel & Motel

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

68
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,008
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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 - Contiguous walk-up buildings combine residential apartments with street-level stores near major medical centers and transit access.
Where is this mixed-use property located?
The property is located at 5413 Seventh Avenue & 702 54th Street New York, NY.
What are key features of this property?
This property features: Two contiguous 4‑story walk‑up apartment buildings; 68 apartments and 6 stores; Built in 1911
(212) 468-5958 Call to check price and availability
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