Welcome sa 816 Avenue of the Americas

Usa ka kita nga nagahatag og kita nga mixed-use corner building sa usa sa mga gihigugma nga dapit sa Manhattan: NoMad (North of Madison Square Park). Naglingkod sa kanto sa 6th Avenue ug West 28th Street, kini nga upat ka andana nga building naghatag og $33,400/buwan sa kasamtangan nga kita: usa ka full-floor restaurant anchor sa 1st ug 2nd floors, ug usa ka passive AT&T rooftop antenna lease sa $5,400/buwan. Ang 3rd ug 4th floors kasamtangang bakante - usa ka importante nga oportunidad para sa sunod nga tag-iya nga moaksyon dayon. INCOME HIGHLIGHTS: 1st ug 2nd Floor Restaurant: $28,000/buwan $336,000/tuig 3rd Floor: BAKANTE (kaniadto $5,000/buwan) - andam na para sa conversion 4th Floor: BAKANTE (kaniadto $5,000/buwan) - andam na para sa conversion AT&T Rooftop License: $5,400/buwan $64,800/tuig Kasamtangang Total: $33,400/buwan $400,800/tuig VALUE-ADD OPPORTUNITY: Ang 3rd ug 4th floors mga prime candidates para sa conversion ngadto sa market-rate 2-bedroom residential apartments. Ang gi-propose nga architectural layouts magpakita og 2BR configurations nga adunay mga pribadong banyo, kusina, ug mga puy-anan. Ginataya nga market rent: $5,500-$6,000/buwan kada unit - magpataas sa projected gross income ngadto sa $533,000-$545,000/tuig. DEVELOPMENT UPSIDE: Naka-Zone C6-4X uban ang max FAR nga 10.0, ang building kasamtangang naggamit lang og 4.75 FAR (4,690 SF). Nagbilin kini og 5,190 SF sa wala magamit nga air rights nga magamit para sa vertical expansion, transfer sa nag-unang lote, o umaabot nga development - usa ka talagsaon ug bililhon nga asset sa kini nga lokasyon. Transportasyon: N/R/W subway sa 28th Street ug ang B/D/F/M sa 34th Street-Herald Square. Napalibutan sa mga luxury hotels, tech companies, world-class dining, ug ang Flower District. Ang NoMad nagpadayon sa pagkuha og premium rents ug nagpadayon nga panginahanglan sa mga mamumuhat. Asking Price: $8,580,000 Cap Rate: 4.8

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Welcome to 816 Avenue of the Americas

An income-producing mixed-use corner building in one of Manhattan's most sought-after neighborhoods: NoMad (North of Madison Square Park). Sitting at the corner of 6th Avenue and West 28th Street, this four-story building delivers $33,400/month in current in-place income: a full-floor restaurant anchor on the 1st and 2nd floors, and a passive AT&T rooftop antenna lease at $5,400/month. The 3rd and 4th floors are currently vacant - a key opportunity for the next owner to act immediately. INCOME HIGHLIGHTS: 1st & 2nd Floor Restaurant: $28,000/month $336,000/year 3rd Floor: VACANT (formerly $5,000/mo) - ready for conversion 4th Floor: VACANT (formerly $5,000/mo) - ready for conversion AT&T Rooftop License: $5,400/month $64,800/year Current Total: $33,400/month $400,800/year VALUE-ADD OPPORTUNITY: The 3rd and 4th floors are prime candidates for conversion to market-rate 2-bedroom residential apartments. Proposed architectural layouts are available showing 2BR configurations with private baths, kitchens, and living areas. Estimated market rent: $5,500-$6,000/month per unit - lifting projected gross income to $533,000-$545,000/year. DEVELOPMENT UPSIDE: Zoned C6-4X with a max FAR of 10.0, the building currently utilizes only 4.75 FAR (4,690 SF). This leaves 5,190 SF of unused air rights available for vertical expansion, transfer to an adjacent lot, or future development - a rare and valuable asset in this location. Transportation: N/R/W subway at 28th Street and the B/D/F/M at 34th Street-Herald Square. Surrounded by luxury hotels, tech companies, world-class dining, and the Flower District. NoMad continues to command premium rents and sustained investor demand. Asking Price: $8,580,000 Cap Rate: 4.8

Shown by appointment only. Financials available upon request.