Prime Investment Opportunity in Midtown West – 533 9th Avenue
Address: 533 9th Ave, New York, NY, 10018
Price: $6,300,000 ($1,575/SF)
Sale Type: Investment
Type: 2-Star Retail Storefront & Residential
Gross Leasable Area (GLA): 4,000 SF
Stories: 4
Typical Floor Size: 1,000 SF
Building Class: C
Construction: Masonry
Docks: None
Investment Overview:
533 9th Avenue presents a rare opportunity to acquire a mixed-use investment property in the heart of Midtown West, a rapidly growing commercial and residential corridor. With a prime retail storefront at street level and residential units above, this property offers significant income-generating potential in a high-demand market.
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Key Features:
Strategic Midtown West Location:
- Located in the bustling Central Business District (CBD), just steps from Times Square, Penn Station, and Hudson Yards.
- Situated along 9th Avenue, a vibrant commercial street known for strong foot traffic, dining destinations, and local retail.
- Surrounded by luxury residential developments, corporate offices, and hospitality hubs, driving sustained demand.
Mixed-Use Investment Potential:
- Retail Storefront: Prime ground-floor retail space suitable for restaurants, boutiques, or service-oriented businesses.
- Residential Units: Three floors of residential apartments, providing stable rental income and potential upside in a growing neighborhood.
- 4,000 SF total space, with 1,000 SF per floor, allowing for flexible leasing arrangements and value-add opportunities.
Building & Construction:
- Masonry construction, ensuring long-term structural integrity.
- Class C property, offering value-add potential through renovations and upgrades.
- No loading docks, making it ideal for traditional retail, office, or residential tenants.
Thriving Business & Residential Market:
- Midtown West continues to see strong appreciation due to new developments and increased demand for retail and housing.
- Ideal for long-term investors seeking steady rental income or developers looking to reposition the asset.
- Competitive pricing at $1,575 per SF, presenting a high-value opportunity in a prime NYC location.
Investment Highlights:
✔ 4,000 SF mixed-use retail and residential building
✔ Prime Midtown West location with strong foot traffic and business activity
✔ Retail storefront + 3 floors of residential units for diversified income streams
✔ $6,300,000 asking price ($1,575/SF) in a rapidly appreciating neighborhood
✔ Potential for repositioning or long-term rental income growth
Conclusion:
533 9th Avenue presents a high-potential investment opportunity in one of Manhattan’s most dynamic and evolving neighborhoods. With prime retail frontage, stable residential income, and long-term appreciation potential, this property is an excellent acquisition for investors looking to capitalize on Midtown West’s continued growth.
Contact us today to schedule a private tour and secure this prime investment property!
