Multi-family

Introducing 250 West 49th Street, New York, NY 10019—an exceptional investment opportunity in the heart of the Theater District. This 113,000 sq. ft. building offers a prime location in one of Manhattan’s most sought-after commercial areas, making it a highly valuable addition to any investment portfolio.

Property Overview:

• Address: 250 West 49th Street, New York, NY 10019
• Asking Price: $33,000,000
• Sale Type: Investment
• Gross Building Area (GBA): 113,000 sq. ft.
• Typical Floor: 14,125 sq. ft.
• Number of Buildings: 1
• Market Segment: All
• Rent Type: Market

Key Features:

• Prime Theater District Location: Situated in one of New York City’s most iconic and high-traffic neighborhoods, this property offers incredible value for investors. The Theater District is a central hub for both tourists and professionals, with its proximity to Broadway, luxury hotels, and renowned dining options. This location guarantees a consistent flow of foot traffic and visibility.
• Large and Versatile Space: With 113,000 sq. ft. of gross building area and typical floor plates of 14,125 sq. ft., this property offers a vast and adaptable layout for a variety of uses. Whether you are seeking a long-term investment for office space, retail, or mixed-use, this building is equipped to meet a range of business needs.
• Investment Potential: Priced at $33,000,000, this investment property offers significant potential for capital appreciation in a rapidly growing commercial market. The building’s market rent type allows flexibility and the opportunity for potential tenants to pay rates reflective of the current market trends, which can be highly advantageous for investors.
• Strategic Investment Opportunity: The property is located in a high-demand area, providing a stable investment with long-term potential for income generation. The central location ensures that it remains an attractive space for tenants in the arts, entertainment, and hospitality sectors.

Conclusion:

250 West 49th Street presents a remarkable investment opportunity in one of Manhattan’s most desirable neighborhoods. With its large building area, flexible floor plans, and premium location, this property is ideal for investors seeking a high-value asset in New York City’s thriving commercial market. Don’t miss the chance to acquire this exceptional piece of real estate in the heart of the Theater District.