Manhattan 2 Buildings package for Sale 2 Properties Offered at $11,350,000 in New York, NY



INVESTMENT HIGHLIGHTS
- Great location with heavy foot traffic.
- Situated in a high foot traffic area, these properties offer excellent income potential and long-term appreciation.
- Well established location in the Heart of Hell's Kitchen.
- PRIME RESTAURANT LOCATION: Highly visibility with significant foot traffic, making it a prime spot for any hospitality or retail business.
EXECUTIVE SUMMARY
Prime location at Hell's Kitchen & Time Square Corner building for sale: 373 W 46th St & 662 9th Ave – Mixed-Use Income Properties
This is a unique opportunity to own two adjacent buildings in the heart of NYC 373 W 46th & 662 9th Ave, the center of Manhattan.
662 9th Ave, NY, Corner / 375 W 46th, Block 1037 & Lot 01
8 Apartments Units Plus 2 Corner Retail Restaurants
373 W 46th St, NY, the whole building for retail or restaurants.
Potential Air Rights & Cell Tower Income Potential
View Spread Sheet for Income Figures
6 Free Market Leases and 2 Rent Stabilized & All Commercial
Tenants Pay Real Estate taxes share & Water
This is a unique opportunity to own two adjacent buildings in the heart of NYC 373 W 46th & 662 9th Ave, the center of Manhattan.
662 9th Ave, NY, Corner / 375 W 46th, Block 1037 & Lot 01
8 Apartments Units Plus 2 Corner Retail Restaurants
373 W 46th St, NY, the whole building for retail or restaurants.
Potential Air Rights & Cell Tower Income Potential
View Spread Sheet for Income Figures
6 Free Market Leases and 2 Rent Stabilized & All Commercial
Tenants Pay Real Estate taxes share & Water
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
---|---|
Gross Rental Income |
$726,811
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Other Income |
$60,000
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Vacancy Loss |
-
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Effective Gross Income |
$786,811
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Taxes |
$68,125
![]() |
Operating Expenses |
$38,130
![]() |
Total Expenses |
$106,255
![]() |
Net Operating Income |
$680,556
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PROPERTY FACTS
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
662 9th Ave, New York, NY 10036 | Multifamily | 3,450 SF | 1920 | - |
373 W 46th St, New York, NY 10036 | Retail | 2,880 SF | 1920 | - |
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