Multi-family

Hell’s Kitchen Retail & Residential Investment Opportunity

Address: 369 West 46th Street, New York, NY 10036
Asking Price: $6,799,000
Price/SF: $1,443.83
Sale Type: Investment or Owner User
Investment Type: Core
Property Type: 2-Star Retail Storefront / Retail-Residential Mixed-Use
Location: CBD – Midtown West / Hell’s Kitchen

Property Overview

369 West 46th Street offers a rare opportunity to acquire a multi-tenant mixed-use building in the heart of Manhattan’s famed Restaurant Row. With 4,709 SF across three stories, this masonry-constructed property combines prime ground-floor retail frontage with residential units above, making it ideal for both investors and owner-users seeking a high-visibility asset in a proven destination corridor.

Key Property Details

• Gross Leasable Area (GLA): 4,709 SF
• Stories: 3
• Typical Floor Size: 1,570 SF
• Construction: Masonry
• Class: C
• Tenancy: Multi-Tenant
• Owner Occupancy: No
• Building Depth: 151′
• Year Built: 1920
• Renovated: 1983

Investment Highlights

• Prime Hell’s Kitchen location on Restaurant Row, surrounded by top dining, nightlife, and Broadway theaters
• Flexible investment or owner-user potential with both retail and residential income streams
• Steady pedestrian traffic from tourists, theatergoers, and local residents
• Well-maintained building with classic New York architecture and updated systems from prior renovation
• CBD proximity ensures continued demand and stable occupancy rates

Neighborhood & Location

The property is steps from Times Square, Broadway, and the Theater District, providing unmatched exposure to Manhattan’s entertainment, dining, and hospitality hub. The location benefits from year-round foot traffic, excellent transit access, and a strong mix of local and destination visitors.

Nearby transit includes the A, C, E, N, Q, R, W, 1, 2, and 3 subway lines, as well as Port Authority Bus Terminal, offering direct connections throughout the city and region.

Conclusion

369 West 46th Street is an exceptional opportunity for investors seeking a stable, income-producing asset in one of New York City’s most dynamic retail and residential markets. With its unbeatable location, diverse tenancy options, and historic charm, this property offers strong long-term value potential.

Contact us to request rent roll, financials, and to schedule a private tour.