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29941086
29941222

716 10th Ave, New York, NY 10019

SB
NY 30BO1115908
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan
$6,000,000
127 days on market
Updated 30 days ago

716 10th AVE NYC

Details
APN 1059-2
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Restaurant (+1)
Square Footage 4,016
Net Rentable (SqFt) 4,016
Units 4
Cap Rate 4.1%
NOI $245,731
Occupancy 100%
Pro-Forma Cap Rate 5.37%
Pro-Forma NOI $322,411
Broker Co-Op Yes
Buildings 1
Stories 4
Lot Size (SqFt) 1,285
Zoning C2-5/R8/CL
Investment Type Value Add
Ground Lease No
Ownership Fee Simple

Midtown West Free Market Mixed Use

Marketing description

Investment Overview: 716 Tenth Avenue contains one four-story mixed-use buildings

consisting of three full-floor free market apartments and one retail unit. Zoned R8, C2-5, the lot dimensions are 20 ft. x 64 ft. and the building dimensionsare 20 ft. x 50 ft. on all floors.

All of the apartments are configured as 3-bedroom units.The property is steps from Times Square, the Jacob Javits

Center and the Port Authority Bus Terminal which includes access to the A, C

and E subway lines. This opportunity is also located on the border of the

city’s new Hudson Yards transformation, which is in the process of developing

over 13 million square feet of commercial, residential and communal

developments.

Investment highlights

Free market mixed-use building investment opportunity located in prime midtown west special Clinton District of Manhattan, New York City.

Opportunity to acquire adjacent mixed-use building at 714 10th Avenue.

The R8, C2-5 allows for an as of right FAR of 6.02. There are about 3,714 square feet of additional air rights associated with this property.

Listing Contacts

SB
NY 30BO1115908
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$245,731.00
$20,477.58/mo

Valuation Metrics

0
DSCR
4.1%
Cap Rate
4.1%
ROI

Map

Zoning

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R8 ResidentialMulti FamilyGeneral Residence
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View all 99 uses
View all 99 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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