299 East 8th Street
299 East 8th Street, New York, NY, 10009, US
€7,914,000 | 30 units
Asset Description
JLL has been retained on an exclusive basis to arrange the sale of 643-647 Ninth Avenue, two contiguous mixed-use, walk-up buildings located at the northwest corner of Ninth Avenue and West 45th Street. Featuring 140’ of wraparound frontage on one of Hell’s Kitchen’s most vibrant intersections, the Property comprises a 5-story plus penthouse corner building (643-645) and 6-story in-line building (647) spanning 25,439 combined gross square feet.
Configured as 24 free market apartments over 2 retail spaces, the Offering presents an attractive opportunity for investors seeking a 100% free-market, mixed-use asset with future upside in the apartments and a fully stabilized retail component (100% occupied retail with 10+ years of WALT).
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Attributes
Number of units
26
Building area gross
2,363 m²
Number of buildings
2
Media
Investment Highlights
- Adjacent Mixed-Use Buildings
- 100% Free Market with Legacy Unit Finishes
- Fully Stabilized Retail
- Strong Corner Retail Presence
- Partial Tax Class Protection
- Additional Value-Add via Tax Appeal
- Tremendous Light & Air
- Quality Base Building Condition
- Potential to Upgrade & Expand Tenant Amenities
- Well Balanced Unit Mix
- Excellent Location at One of Hell’s Kitchen’s Most Vibrant Intersections
- Convenient Train Access
Contact brokers
643-647 Ninth Avenue (0 Properties)
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Last updated
9 Apr 2025
