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Mixed-Use Portfolio with Air Rights
For Sale
Contact for pricing
Pending

729 9th Ave, New York, NY 10019

Contiguous walk-up buildings combine apartments, commercial space, offices, and redevelopment capacity.

Property Size23,203 SF
Lot Size0.17 Acres
Days on Market143

Property Features for 729 9th Ave

General Information

Standard status Pending
Size 23,203 SF
Lot size 0.17 Acres
Property subtype Multifamily, Mixed Use, Retail
Zoning R8 with C1-5 overlay

Additional Details

Road Access Yes
Multifamily Units 15

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Lee & Associates - New York
Listed By: Chris Varjan · License #New York
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:14AM

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 Lee & Associates - New York

Investment Insights

Based on property information with market context.

This mixed-use portfolio comprises three contiguous walk-up buildings arranged in an L-shaped configuration, with frontage along 9th Avenue and West 50th Street. The improvements total 23,203 SF and include 15 apartments, a 7,476 SF ground-floor commercial area, 7,476 SF of basement space, and 4,234 SF of office area distributed across the second and third floors. The residential component includes free market, rent stabilized, and rent controlled units, with one rent controlled apartment currently vacant.

The property is positioned along the 9th Avenue restaurant corridor in Hell’s Kitchen–Clinton, Manhattan. It sits within an R8 residential zone with a C1-5 overlay in the preservation sub-area of the Special Clinton District. The combined lot measures 7,476 SF and includes 8,194 SF of unused development rights, with total permitted development stated at 31,397 SF for residential and community facility use.

Key Highlights

  • 23,203 SF across three contiguous mixed‑use walk‑up buildings
  • 15 apartments, including 8 free market, 3 rent stabilized, and 4 rent controlled units
  • 7,476 SF ground‑floor commercial area plus 7,476 SF basement space

Property Analytics

Current Use

Retail space

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

15
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

42,091
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Contiguous walk-up buildings combine apartments, commercial space, offices, and redevelopment capacity.
Where is this mixed-use property located?
The property is located at 729 9th Ave New York, NY.
What are key features of this property?
This property features: 23,203 SF across three contiguous mixed‑use walk‑up buildings; 15 apartments, including 8 free market, 3 rent stabilized, and 4 rent controlled units; 7,476 SF ground‑floor commercial area plus 7,476 SF basement space
(212) 776-1207 Call to check price and availability
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