Multi-family

Prime Investment Opportunity in Midtown West – 781 Eighth Ave

Address: 781 Eighth Ave, New York, NY, 10036
Price: $8,756,700 ($1,016.68/SF)
Sale Type: Investment
Type: 3-Star Retail Storefront / Retail & Office
Location: Central Business District (CBD)
Gross Leasable Area (GLA): 8,613 SF
Stories: 4
Typical Floor Size: 1,700 SF
Building Class: B
Docks: None
Construction: Masonry

Property Overview:

Located in the bustling Midtown West neighborhood, 781 Eighth Avenue presents an excellent investment opportunity in one of Manhattan’s most vibrant commercial corridors. This four-story mixed-use retail and office property benefits from high visibility, consistent foot traffic, and strong long-term value in a prime location near Times Square.

Key Features:

Prime Midtown West Location:

✔ Situated in a high-traffic retail corridor, surrounded by theaters, hotels, and entertainment venues.
✔ Steps from Times Square, Broadway, and major business hubs, ensuring a steady flow of customers and office tenants.
✔ Surrounded by retail shops, restaurants, and high-rise developments, creating strong demand for commercial space.

Versatile Retail & Office Space:

✔ 8,613 SF of leasable space across four floors, ideal for retail, office, or mixed-use businesses.
✔ Large storefront windows provide excellent exposure and branding opportunities.
✔ Open layouts with flexible configurations for various business types.

Excellent Transit Access:

✔ Close to major subway lines (A, C, E, 1, 2, 3, N, Q, R, W, 7 at Times Square-42nd Street), ensuring convenient access.
✔ Well-connected by bus routes and pedestrian-friendly streets, increasing foot traffic and business visibility.

Highlights:

✔ Prime retail and office investment opportunity in Midtown West
✔ $8,756,700 asking price for 8,613 SF of premium commercial space
✔ High foot traffic and strong demand from retail and office tenants
✔ Steps from Times Square, Broadway theaters, and major transit hubs
✔ Flexible multi-floor layout suitable for various business types

Conclusion:

781 Eighth Avenue presents a rare and strategic investment opportunity in the heart of Manhattan’s entertainment and business district. With excellent visibility, strong commercial demand, and a prime location, this property offers long-term value for investors looking to capitalize on Midtown West’s growth and appeal.

Contact us today to schedule a private tour and explore this exceptional investment opportunity!