520 West End Avenue
520 West End Avenue, New York, NY, 10024, US
8 units
Description
JLL has been retained on an exclusive basis to arrange for the sale of 414 West 42nd Street, a 12-unit mixed-use property in the Midtown West neighborhood of Manhattan. The five-story, 9,680 GSF property contains 11 residential units, of which 6 are free market (55%) and 5 are rent stabilized (45%), on top of one ground floor retail unit. The ground floor retail space is occupied by Chez Josephine, a vibrant French-American restaurant that has been famously operating out of the same space since 1986. Ideally located along Theatre Row, it quickly became a popular destination for pre- and post-theater dining.
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Attributes
Number of units
12
Building area net
899 m²
Media
Investment Highlights
- Significant Value-Add Opportunity
- Long Term Retail Tenant (39 Years of Occupancy)
- Stable In-Place Cash-Flow
- Ideal Unit Mix for Highest Rental PPSF (Studio & 1 BR)
- Dynamic Midtown West Location Between Hudson Yards & Hell’s Kitchen
- Unrivaled Transportation Connectivity
Contact brokers
414 West 42nd Street (0 Properties)
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Last updated
26 Jun 2025
