949 Second Avenue, New York NY
949 Second Avenue, New York NY
Between East 50th Street and East 51st Street
SoHo
SoHo
Value-Add Midtown East multifamily/retail
| Asking Pricing | $4,500,000 |
|---|---|
| Neighborhood | SoHo |
| Size | 5,480 SF |
Investment Highlights:
Meridian Investment Sales is pleased to present 949 Second Avenue, the former home of Ford Models, a mixed-use multifamily and retail building in Manhattan’s Midtown East offered for the first time in 51 years. The four-story building features two free-market residential units, both delivered vacant for immediate renovation and lease-up at market rents, plus a ground-floor retail space leased to Morningstar Café through 2028 for stable in-place income. The upper floors include large legal rear terraces, and recent ownership capital improvements reduce near-term capex needs.
Listing Contact Information
