115 57Th St New York, NY 10019

This exceptional mixed-use building at 115 West 57th Street presents a lucrative investment opportunity in Manhattan's Midtown West. The seven-unit property, built in 1918, boasts 8,790 square feet across seven stories and sits on a 1,685 square foot lot. Currently operating at 100% occupancy, the building comprises two commercial units – a ground-floor deli and a second-floor spa salon – and five residential apartments spanning the third through sixth floors. All residential units are fully renovated, featuring modern kitchens with stainless steel appliances, granite countertops, and wood cabinetry, along with updated bathrooms and ample closet space. High ceilings and hardwood floors retain the pre-war charm. Building amenities include in-unit laundry. The C5-3 zoning permits a variety of uses. This prime location offers unparalleled convenience, with proximity to Central Park, Columbus Circle, and numerous subway lines, ensuring high demand and strong rental income. The asking price is $7,200,000, translating to $819.11 per square foot. This is a rare chance to acquire a fully rented, high-return investment property in a highly desirable Manhattan neighborhood.