309 West 43rd Street

New York, New York

Building

Stats

Building size (SF) 9,940
Price $2,995,000

Overview

Avison Young, as the exclusive agent, is pleased to offer for sale 309 West 43rd Street (the “Property”), a 100% RS, five-story walk up building with 25 feet of frontage located in Hell’s Kitchen. The property spans approximately 9,940 gross square feet and consists of twenty (20) residential units.

Highlights

60% occupied, 8 units to be delivered vacant

100% rent stabilized

Unit mix comprised of 10 studios, 2-one bedroom, and 8-two bedroom apartments

Attractive basis- below replacement cost

Proximity to 42nd Street – Port Authority Bus Terminal Station with direct underground passageways that connect the terminal with NYC Transit subway A,C,E,1,2,3,N,Q,R,W and 7 trains, as well as the shuttle to Grand Central Terminal