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Hell's Kitchen Mixed Use Portfolio 2 Properties Offered at $16,735,424 CAD in New York, NY
EXECUTIVE SUMMARY
Exclusively Represented by SERHANT., this offering presents a rare opportunity to acquire a two-building portfolio in the heart of Hell’s Kitchen, one of Manhattan’s most dynamic and high-demand neighborhoods.
The portfolio consists of:
662 Ninth Avenue: A five-story, 3,450 SF mixed-use property featuring a ground-floor restaurant and eight residential apartments across four floors. This building offers a balanced and diversified income stream with both retail and residential components.
373 West 46th Street: A four-story, 2,880 SF mixed-use property situated on Restaurant Row, comprising three floors of fully built restaurant space and one floor of office space.
Together, these two income-producing assets offer investors stable, in-place cash flow with future value-add potential. Strategically located along bustling retail corridors and surrounded by Broadway theaters, renowned dining destinations, and dense residential development, the portfolio benefits from exceptional foot traffic, long-standing tenancy, and unmatched visibility.
With flexible zoning and prime positioning in one of New York City’s most iconic entertainment districts, this portfolio provides both immediate returns and long-term upside through repositioning or redevelopment.
The portfolio consists of:
662 Ninth Avenue: A five-story, 3,450 SF mixed-use property featuring a ground-floor restaurant and eight residential apartments across four floors. This building offers a balanced and diversified income stream with both retail and residential components.
373 West 46th Street: A four-story, 2,880 SF mixed-use property situated on Restaurant Row, comprising three floors of fully built restaurant space and one floor of office space.
Together, these two income-producing assets offer investors stable, in-place cash flow with future value-add potential. Strategically located along bustling retail corridors and surrounded by Broadway theaters, renowned dining destinations, and dense residential development, the portfolio benefits from exceptional foot traffic, long-standing tenancy, and unmatched visibility.
With flexible zoning and prime positioning in one of New York City’s most iconic entertainment districts, this portfolio provides both immediate returns and long-term upside through repositioning or redevelopment.
PROPERTY FACTS
| Price | $16,735,424 CAD | Number of Properties | 2 |
| Price / SF | $2,283 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.55% | Total Building Size | 7,330 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.05 AC |
| Status | Active |
| Price | $16,735,424 CAD |
| Price / SF | $2,283 CAD / SF |
| Cap Rate | 5.55% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,330 SF |
| Total Land Area | 0.05 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 662 9th Ave, New York, NY 10036 | Multifamily | 4,450 SF | 1920 | - |
| 373 W 46th St, New York, NY 10036 | Retail | 2,880 SF | 1920 | - |
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Hell's Kitchen Mixed Use Portfolio
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