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31 W 31st St
New York, NY 10001
Multifamily Property For Sale · 12 Units

Investment Highlights

  • Rare non-vented retail investment opportunity currently occupied by wholesalers.
  • Financials and additional details are available upon request.
  • Great location with heavy foot traffic
  • Next block is K-town and ever-changing Broadway!

Executive Summary

Price drop! Just 200 feet away from Broadway and 2 blocks south of the Empire State Building, 31 West 31st Street is located in Manhattan's historic Koreatown surrounded by heavy year-round pedestrian traffic. This 11-story residential co-op features 3,350 square foot non-vented ground floor retail space and additional 2,000 square feet of storage in a raw basement area. $11,000 monthly maintenance and taxes. Notable neighbors in this area densely populated by hotels and tourists include the directly adjacent Hyatt Herald Square, Le Meridien New York Fifth Avenue, Virgin Hotels, and 1201 Broadway. Easily accessible from New York City R and W lines via the 28th St subway station. Please do not disturb Current Tenant.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.07 AC
Building Size 32,032 SF
Average Occupancy 95%
No. Stories 11
Year Built 1905
APN / Parcel ID 0833-0022-00001-000-0000001
Zoning C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central ¬location

Amenities

Site Amenities

  • Controlled Access
  • On-Site Retail
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+3 12 - -
  • Listing ID: 28221318

  • Date on Market: 4/13/2023

  • Last Updated:

  • Address: 31 W 31st St, New York, NY 10001

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