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Mixed-Use Building for Sale at 852 10th Avenue

Mixed-Use Building for Sale at 852 10th Avenue
FOR SALE

$4,600,000

852 10th Avenue, New York, NY 10019

4,522 SF

Square Feet

$1,017

PPSF

2

Units

2.0M

PPU

Property Description

Units

2 — PPU: 2.0M

852 Tenth Ave. is a Building located in Hell’s Kitchen neighborhood in Manhattan, NY. 852 was built in 1910 and has 4 stories and 4 units. The building went through a full top to bottom renovation in 2017. The building is in mint condition and offers air rights of over 5,300 square feet to double the size of the existing structure and afterwards offer Hudson River Views. This corner sundrenched property is just a stones throw from the infamous “Billionaires Row” and has a location that is convenient for all of what Manhattan has to offer; from the Hudson River, to Central Park, to Broadway, this Building is truly not to be missed! The building can be delivered vacant with all floors and the ground floor lease ending 1/1/26.


Property Details

Asset Type

Mixed-use

Year Built

1910

Zoning

C2-7

Lot Size

1,307 SF

Neighborhood

Hell's Kitchen

Submarket

New York

ZIP

10019

Renovated

2017

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$261,676

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$21,806

Annual Debt Service

$261,676

View on Map

Address

852 10th Avenue

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New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale

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