Mixed-Use Corner
For Lease
$7,500,000
816 6th Ave Unit BLDG, New York, NY 10001
Income-producing corner building with a full-floor restaurant anchor and an AT&T rooftop license.
Space SizeContact for details
Days on Market96
Property Features for 816 6th Ave Unit BLDG
General Information
Standard status
Active
Property subtype
Commercial
Zoning
C6-4X
Financials
Cap Rate
4.8%
Business Included
Yes
Building Details
Year Built
1915
Stories
1
Tenancy
Multi
Listing Agency:
Serhant
Listed By:
De Rong Chester Yow (chester@serhant.com)
Source:
Edifyny
Added: Jun 11
Changed: Aug 16
Last Checked: Sep 14 at 7:03AM
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 Serhant
Investment Insights
Based on property information with market context.
This income-producing mixed-use corner building is four stories and includes a full-floor restaurant anchor on the 1st and 2nd floors. The property also generates rooftop income through a passive AT&T antenna lease. As presented, the 3rd and 4th floors are currently vacant, described as conversion-ready, with prior rent mentioned in the remarks. The in-place income includes $28,000/month for the 1st and 2nd floor restaurant, $5,400/month from the AT&T rooftop license, and vacancy for the 3rd and 4th floors per the current operating schedule provided in the listing.
Located at the corner of 6th Avenue and West 28th Street, the building is positioned in NoMad (North of Madison Square Park). Transportation options noted in the remarks include the N/R/W subway at 28th Street and the B/D/F/M at 34th Street–Herald Square.
For tenants, the existing restaurant configuration supports food and beverage use within the anchored lower floors, while the vacant upper levels are described as suitable for conversion. For buyers and operators, the listing frames the 3rd and 4th floors as a value-add opportunity, citing proposed architectural layouts for 2-bedroom residential units and estimated market rents. The remarks also state the property is zoned C6-4X with a maximum FAR of 10.0 and that the building currently utilizes 4.75 FAR, leaving unused capacity described as available for transfer or future development.
Located at the corner of 6th Avenue and West 28th Street, the building is positioned in NoMad (North of Madison Square Park). Transportation options noted in the remarks include the N/R/W subway at 28th Street and the B/D/F/M at 34th Street–Herald Square.
For tenants, the existing restaurant configuration supports food and beverage use within the anchored lower floors, while the vacant upper levels are described as suitable for conversion. For buyers and operators, the listing frames the 3rd and 4th floors as a value-add opportunity, citing proposed architectural layouts for 2-bedroom residential units and estimated market rents. The remarks also state the property is zoned C6-4X with a maximum FAR of 10.0 and that the building currently utilizes 4.75 FAR, leaving unused capacity described as available for transfer or future development.
Key Highlights
- Four‑story mixed‑use corner building (built 1915) at 6th Avenue and W 28th Street in NoMad, offering current in‑place income.
- First and second floors are leased to a full‑floor restaurant anchor generating $28,000/month ($336,000/year).
- AT&T rooftop antenna license provides $5,400/month ($64,800/year).
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,488
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 18%
Groceries 16%
Home Improvements & Furnishings 6%
Speedway
Shops & Services
17,683 visits/mo
0.5 miles
Market Place By Key Food
Groceries
9,432 visits/mo
0.4 miles
KFC
Dining
8,382 visits/mo
0.4 miles
Sunoco
Shops & Services
7,348 visits/mo
0.4 miles
Clean Rite Center
Shops & Services
4,310 visits/mo
0.3 miles
Demographics for 10001, NY
32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing corner building with a full-floor restaurant anchor and an AT&T rooftop license.
Where is this mixed-use property located?
The property is located at 816 6th Ave Unit BLDG New York, NY.
What is the lease rate?
The lease rate is $7,500,000.
What are key features of this property?
This property features: Four‑story mixed‑use corner building (built 1915) at 6th Avenue and W 28th Street in NoMad, offering current in‑place income.; First and second floors are leased to a full‑floor restaurant anchor generating $28,000/month ($336,000/year).; AT&T rooftop antenna license provides $5,400/month ($64,800/year).
