Search
Historic Five-Story Apartment Building
For Sale
Contact for pricing
Pending

59 Morton Street, New York, NY 10014

Configured as five floor-through units and currently fully occupied, with the bottom three available vacant at delivery.

Property Size6,700 SF
Days on Market45

Property Features for 59 Morton Street

General Information

Standard status Pending
Size 6,700 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 5

Building Details

Year Built 1828
Buildings 1
Stories 5
Tenancy Multi
Listing Agency: Leslie J Garfield
Listed By: Christopher Riccio · License #NY 10401234838
Source: Crexi
Added: Jul 21 Changed: Sep 2 Last Checked: Sep 1 at 1:04AM

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 Leslie J Garfield

Investment Insights

Based on property information with market context.

Located at 59 Morton Street in New York, this five-story apartment building contains over 6,700 square feet on a 100' lot. The current layout provides five floor-through units, with the property fully occupied; the bottom three units may be delivered vacant while the top two remain tenanted.

Constructed in 1828, the building retains substantial period character, including an eight-paneled entry door, paired Ionic columns, glazed sidelights, rusticated woodwork, detailed lintels, crown molding, and wood-burning fireplaces. Brick doorway reveals, a stone arch, paneled impost blocks, and curved moldings add to the preserved architectural detail.

The property offers an income-producing apartment configuration along with documented potential for a grand single-family residence, as described in the source information. Its 25' width and original design contribute to its distinctive townhouse form.

Key Highlights

  • Over 6,700 square feet on a 100' lot
  • Five floor‑through apartment units; fully occupied
  • Bottom three units can be delivered vacant; top two are tenanted

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

19,512
Businesses Nearby

Demographics for 10014, NY

32,590
Population
21,835
Households
1.5
Avg Household Size
37
Median Age
85%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
65,180
Density / Sq Mi
$167,254
Median Household Income
$115,048
Median Earnings
$2,998
Median Rent
$1,294,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Configured as five floor-through units and currently fully occupied, with the bottom three available vacant at delivery.
Where is this apartment building located?
The property is located at 59 Morton Street New York, NY.
What are key features of this property?
This property features: Over 6,700 square feet on a 100' lot; Five floor‑through apartment units; fully occupied; Bottom three units can be delivered vacant; top two are tenanted
(518) 312-8254 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message