520 Ninth Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
520 Ninth Ave
5 Unit Block of Flats £4,303,475 (£860,695/Unit) New York, NY 10018
Investment Highlights
- Close proximity to the A/C/E, 1/2/3 & 7 trains at Times Square.
- Bryant Park located three blocks east and the Hudson River piers three blocks west.
Executive Summary
Unique opportunity to purchase a fully leased gut renovated prewar building with one office/ retail space on the ground floor and 3 floor through brand new 2 bed/ 2 bath residential units with top-of-the-line appliances and finishes. See income and expense details below.
Located in in between the Times Square and Hudson Yards neighborhoods and in close proximity to the A/C/E, 1/2/3 & 7 trains at Times Square and few blocks to Penn Station. Whole Foods, Hudson Yard Mall, Brooklyn Fare & Ideal Market grocery store are located within the neighborhood, as is the Hudson River Greenway, High Line as well as the best that New York is most famous for: theatrical shows and performances, fine dining, delicious affordable dining, clothing and food shopping for all budgets, and sky-high buildings and hotels. Additionally, for outdoor lovers, you also have Bryant Park located three blocks east and the Hudson River piers three blocks west.
Located in in between the Times Square and Hudson Yards neighborhoods and in close proximity to the A/C/E, 1/2/3 & 7 trains at Times Square and few blocks to Penn Station. Whole Foods, Hudson Yard Mall, Brooklyn Fare & Ideal Market grocery store are located within the neighborhood, as is the Hudson River Greenway, High Line as well as the best that New York is most famous for: theatrical shows and performances, fine dining, delicious affordable dining, clothing and food shopping for all budgets, and sky-high buildings and hotels. Additionally, for outdoor lovers, you also have Bryant Park located three blocks east and the Hudson River piers three blocks west.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £4,303,475 | Apartment Style | Mid Rise |
| Price Per Unit | £860,695 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.02 AC |
| No. Units | 5 | Building Size | 3,610 SF |
| Property Type | Residential | Number of Floors | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1901/2022 |
| Price | £4,303,475 |
| Price Per Unit | £860,695 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 3,610 SF |
| Number of Floors | 4 |
| Year Built/Renovated | 1901/2022 |
Unit Amenities
- Wooden Floors
Site Amenities
- 24 Hour Access
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 9 | £4,028 | - |
1 of 1
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 0762-0071 | Improvements Assessment | £79,639 (2024) |
| Land Assessment | £447,170 (2024) | Total Assessment | £321,604 (2024) |
PROPERTY TAXES
Parcel Number
0762-0071
Land Assessment
£447,170 (2024)
Improvements Assessment
£79,639 (2024)
Total Assessment
£321,604 (2024)
zoning
| Zoning Code | C1-7A (Commercial district predominantly residential in character) |
| C1-7A (Commercial district predominantly residential in character) |
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
520 Ninth Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.