Corner, Mixed-Use Building at Gateway to the Hudson Yards
$6,950,000
524 9th Avenue, New York, NY 10018
For Sale
Mixed Use
Unknown Sub Type
Active
Last Updated: 02/23/2026
5.82
Cap Rate
404,294
NOI
Details:
Cap Rate: 5.82%
NOI: $404,294
Building Size: 3,689 sqft
Lot Area: 1,115 sqft
Zoning: C1-7A; HY
Highlights:
- Corner Building Located at Ninth Avenue & 39th Street
- Strong Retail Tenancy
- Tax Class 2A
- 3 Fully Renovated 3BR/1BA Apartments
- Cell Tower adds significant income
- Ability to sell rights to cell tower income to lower basis in property
- At the gateway to Hudson Yards, benefiting from strong visibility and continued development of the area
- All free-market residential units, providing operational flexibility and insulation from regulatory risk
Documents:
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Location
Gallery
