Multi-family

Mixed-Use Investment or Owner-User Opportunity – 852 10th Avenue

Address: 852 10th Avenue, New York, NY, 10019
Asking Price: $4,700,000 ($999.15/SF)
Cap Rate: 4.87%
Sale Type: Investment or Owner-User
Asset Type: 3-Star Retail Storefront / Residential Mixed-Use
Location: CBD – Hell’s Kitchen / Midtown West
Gross Leasable Area (GLA): 4,704 SF
Stories: 4
Typical Floor Size: 1,281 SF
Building Class: B
Building Height: 43 ft
Construction: Masonry
Loading Docks: None

Property Overview:

852 10th Avenue presents a rare mixed-use investment or owner-user opportunity in the heart of Hell’s Kitchen, one of Manhattan’s most dynamic and evolving retail and residential neighborhoods. This well-maintained 4-story masonry building combines retail storefront visibility with residential or commercial flexibility, perfect for investors or end-users looking to establish a presence in Midtown West.

Investment Highlights:

✔ Prime Corner Presence: Situated in a highly trafficked area between W 56th and W 57th Streets with excellent retail visibility and branding potential.

✔ Mixed-Use Flexibility: Offers a strong blend of street-level retail and upper-floor residential or office use. Ideal for live/work, income property, or redevelopment.

✔ Strong In-Place Returns: Cap rate of 4.87% with market-aligned rents and long-term upside through repositioning or modernization.

✔ Strategic Midtown West Location: Close to Central Park, Columbus Circle, Hudson Yards, and Lincoln Center. Surrounded by restaurants, retail, entertainment, and Class A residential development.

✔ Ideal for Owner-Occupier or Investor: Rare full-building availability in a vibrant district with ongoing growth, tourism, and residential demand.

Property Summary:

• Price: $4,700,000
• Cap Rate: 4.87%
• GLA: 4,704 SF
• Stories: 4
• Typical Floor: 1,281 SF
• Building Class: B
• Construction: Masonry
• Market Segment: Retail & Residential Mixed-Use
• Loading Docks: None

Conclusion:

852 10th Avenue is a compelling opportunity for investors or owner-users seeking a versatile, income-producing asset with prime visibility in a fast-growing Manhattan location. With solid existing returns, a flexible layout, and rare full-building control, this is a must-see for long-term value seekers.

Request the full offering memorandum and schedule a private tour today.