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365-367 W 46th St 11 Unité Immeuble d’appartements 18 077 541 $ CAD (1 643 413 $ CAD/Unité) 6% Taux de capitalisation New York, NY 10036
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Faits saillants de l'investissement
- Delivered 100% vacant in the heart of restaurant row, offering immediate repositioning or redevelopment flexibility.
- Approx. 9,974 square feet of unused air rights provide meaningful long-term upside.
Résumé de l'annonce
Lee & Associates NYC is pleased to present exclusively for sale the mixed-use asset located at 365–367 West 46th Street, New York, NY 10036 (the “Property”). Situated on the north side of West 46th Street between Eighth and Ninth Avenues, the Property is positioned in the heart of Midtown West’s Restaurant Row, one of Manhattan’s most active dining and nightlife corridors.
The Property occupies a 33’ x 100’ lot and is improved with a vacant four-story mixed-use building totaling approximately 9,976 square feet. The former Sushi Seki restaurant spans the basement, ground floor, and second floor, featuring full kitchen infrastructure, food preparation and storage areas, bar seating, and dining capacity for approximately 240 patrons. The third and fourth floors were previously utilized for short-term rentals and are configured with six rooms per floor.
Zoned R8 with a C1-5 overlay, the Property benefits from a residential FAR of 6.02 and a total buildable area of approximately 19,950 square feet, leaving roughly 9,974 square feet of unused air rights. Delivered vacant, the offering provides a compelling opportunity for a developer, user, or investor to reposition, redevelop, or convert the asset to maximize value in a high-demand Midtown location. With strong fundamentals, full vacancy, and significant development upside, 365–367 West 46th Street represents a rare value-add opportunity in one of Manhattan’s most established commercial corridors.
The Property occupies a 33’ x 100’ lot and is improved with a vacant four-story mixed-use building totaling approximately 9,976 square feet. The former Sushi Seki restaurant spans the basement, ground floor, and second floor, featuring full kitchen infrastructure, food preparation and storage areas, bar seating, and dining capacity for approximately 240 patrons. The third and fourth floors were previously utilized for short-term rentals and are configured with six rooms per floor.
Zoned R8 with a C1-5 overlay, the Property benefits from a residential FAR of 6.02 and a total buildable area of approximately 19,950 square feet, leaving roughly 9,974 square feet of unused air rights. Delivered vacant, the offering provides a compelling opportunity for a developer, user, or investor to reposition, redevelop, or convert the asset to maximize value in a high-demand Midtown location. With strong fundamentals, full vacancy, and significant development upside, 365–367 West 46th Street represents a rare value-add opportunity in one of Manhattan’s most established commercial corridors.
Faits sur la propriété
1 1
Exceptionnellement praticable à pied
100/100
Assez facile d’accès en voiture
40/100
Transports en commun exceptionnels
100/100
Très praticable en vélo
80/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 191 177 $ CAD | |
| Évaluation du terrain | 1 118 772 $ CAD | Évaluation totale | 3 309 949 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 118 772 $ CAD
Évaluation des bâtiments
2 191 177 $ CAD
Évaluation totale
3 309 949 $ CAD
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365-367 W 46th St
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