5-Story Walk-Up| 3 Apartments & 2 Commercial | 5,000 SF + 10,000 SF Air Rights
$5,400,000
41 East 41st Street, New York, NY 10017
For Sale
Mixed Use
Unknown Sub Type
Active
Last Updated: 02/16/2026
5.2
Cap Rate
282,811
NOI
Details:
Cap Rate: 5.2%
NOI: $282,811
Building Size: 5,000 sqft
Units: 5
Year Built: 1920
Price Per Sqft: $1,055
Zoning: C5-3
Floors: 5
Highlights:
- 5-story walk-up mixed-use building with a total of 3 apartments & 2 stores
- The apartments are large floor through units
- Renovated hallways and top floor apartments
- Tenants reimburse the landlord for utilities
- 10,793’ Ft of available Air Rights
- Located in prime Midtown Manhattan, within two blocks of Bryant Park and Grand Central Terminal and close to Berkeley College, with easy access to top dining, shopping, entertainment, and transportation options
- Within walking distance to the Grand Central Station (4 5 6 trains)
Documents:
| Title | ||
|---|---|---|
| Investment Flyer |
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Location
Gallery
