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467 W 49th St
New York, NY 10019
Multifamily Property For Sale · 4 Units

Investment Highlights

  • • Prime Corner Location: High-traffic corner asset in a rapidly transforming Manhattan submarket
  • • Development Upside: Unlocked value via 3409 square feet of available air rights.
  • • Macro-Location Advantage: Borders Hudson Yards, the largest private development in U.S. history.
  • • 100% Free-Market: All residential units are completely free-market with no rent-stabilization histor
  • • Transit-Oriented: Steps from Times Square, Port Authority Terminal (A/C/E lines), and the 7-train subway extension

Executive Summary

The OpportunityMarcus & Millichap is pleased to exclusively present 714 Tenth Avenue, a premier mixed-use investment opportunity located on a high-visibility corner in Midtown West . Situated on the northeast corner of West 49th Street and Tenth Avenue, this four-story, 20-foot-wide building spans approximately 4,297 square feet .The asset features 20 feet of frontage along Tenth Avenue and 64 feet of frontage along West 49th Street . Zoned C2-5/R8/CL, the property includes 3409 square feet of additional air rights, offering substantial future development upside .Investment HighlightsPrime Corner Location: High-traffic corner asset in a rapidly transforming Manhattan submarket .100% Free-Market: All residential units are completely free-market with no rent-stabilization history .Development Upside: Unlocked value via 7,159 square feet of available air rights .Transit-Oriented: Steps from Times Square, Port Authority Terminal (A/C/E lines), and the 7-train subway extension .Macro-Location Advantage: Borders Hudson Yards, the largest private development in U.S. history .

Property Facts

Price Per Unit $1,625,000
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.03 AC
Building Size 4,297 SF
Average Occupancy 90%
No. Stories 4
Year Built/Renovated 1910/1988
Zoning R8, C2-5 - R8 , C2-5,

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Linen Closet

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walking/Biking Trails
  • Public Transportation
  • Key Fob Entry

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 3 - 1,000

Property Taxes

Property Taxes

Parcel Number
1059-0001
Land Assessment
$104,708
Improvements Assessment
$396,139
Total Assessment
$500,847
  • Listing ID: 39656018

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 467 W 49th St, New York, NY 10019

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