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781 Eighth Ave
New York, NY 10036
Retail Property For Sale
Investment Highlights
- Prime Times Square location with unmatched pedestrian traffic.
- Strong long-term appreciation potential in Midtown Manhattan.
- Excellent transit connectivity via major subway lines.
- Surrounded by iconic landmarks and luxury developments.
- Fully leased retail building delivering stable income.
- Nearby transit options include multiple subway lines (1, 2, 3, A, C, R, W, J, Z, 4, 5, 6) and proximity to Port Authority and Metro-North Railroad.
Executive Summary
Located in the world-renowned Times Square commercial district, this property is surrounded by iconic New York landmarks including Rockefeller Center, Central Park, and Fifth Avenue.
Positioned along a high-traffic commercial corridor, the building offers excellent visibility and is ideal for retail, brand showcase, office, or mixed commercial use. The surrounding area is densely developed with landmarks, hotels, office buildings, restaurants, and tourism resources, creating strong demand and long-term value.
The property is fully leased, providing stable rental income, with strong long-term appreciation potential in Midtown Manhattan. Multiple nearby subway lines offer broad transportation coverage and convenient access throughout Manhattan and beyond.
Positioned along a high-traffic commercial corridor, the building offers excellent visibility and is ideal for retail, brand showcase, office, or mixed commercial use. The surrounding area is densely developed with landmarks, hotels, office buildings, restaurants, and tourism resources, creating strong demand and long-term value.
The property is fully leased, providing stable rental income, with strong long-term appreciation potential in Midtown Manhattan. Multiple nearby subway lines offer broad transportation coverage and convenient access throughout Manhattan and beyond.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,613 SF
Building Class
B
Year Built
1920
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.95
Lot Size
0.05 AC
Zoning
C6-4 - districts permit a wide range of high-bulk commercial uses requiring a central location
Frontage
19’ on 8th Ave
Amenities
- Bus Line
Property Taxes
| Parcel Number | 1038-0033 | Improvements Assessment | $436,590 |
| Land Assessment | $513,000 | Total Assessment | $949,590 |
Property Taxes
Parcel Number
1038-0033
Land Assessment
$513,000
Improvements Assessment
$436,590
Total Assessment
$949,590
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