$6,395,000
Updated 8 years ago
Off Market

47 East 30th Street

NoMad, Manhattan | Madison Ave & Park Ave South

4,200 Square FeetRental Property

$6,395,000
floors / apts4 / 5
Lot Size19'x98'
Built Size19'x54'
ZoneC6-4A
Building TypeLow-Rise
Price Per SF
$1,523

Listing Features

  • Original Details

Building Amenities

  • Voice Intercom

Property Description for 47 East 30th Street

A 19.17’ wide, 4-story + lower level, mixed-use, walk-up building located on the north side of East 30th Street between Madison Avenue and Park Avenue South in the NOMAD neighborhood. The property consists of a retail unit and 5 residential units with high ceilings and pre-war detailing. All of the residential units are free market with an average in-place rent of $47/SF, which is substantially below market. The retail unit is currently leased to Murray Hill Pet Hospital who pays $7,250 per month with annual increases and reimburses for 40% of the RE Taxes. The property is split zoned C6-4A and C5-2, with an FAR of 10.0 which is approximately 16,439 SF of available air rights. It is located between the SLS Hotel, which is currently being developed, and the popular sports bar, “The Mason Jar,” giving it tremendous retail appeal. The property is also within one block of the Gansevoort Park Avenue Hotel. This represents an excellent opportunity to take advantage of below market rents in one of Manhattan’s premiere neighborhoods or alternatively a future development opportunity.

Listing History for 47 East 30th Street

Now
07/20/2015
POM by James P. Nelson
Cushman & Wakefield
01/13/2015
$6,395,000
Initial Price by James P. Nelson
Cushman & Wakefield

Building Details for 47 East 30th Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts4/5
Learn More About the Building

Transit and Citi Bike

Subway

33 St
0.13 miles
28 St
0.14 miles
28 St
0.24 miles
34 St-Herald Sq
0.37 miles
23 St
0.38 miles

Citi Bike

E 30 St & Park Ave S
0.07 miles
E 32 St & Park Ave
0.12 miles

Contact Agents

Contact Agents

James Nelson
Cushman & Wakefield
John Ciraulo
Cushman & Wakefield
Matthew Tarpley
Cushman & Wakefield

NoMad | Manhattan

Quick Profile

NoMad, North of Madison Square Park, is a rectangular swath of land that is bordered by East 25th Street to the south, East 29th Street to the north, Sixth Avenue to the west, and depending who you ask, Madison or Lexington Avenue to the East. It’s had its acronymed name for over two decades but not every New Yorker calls the neighborhood NoMad.

Historic architecture, trendy hotels and restaurants and high-priced apartments - NoMad wasn’t always the coveted neighborhood that it is today. It’s gone through many transformations over the years. Including a red light district known as the Tenderloin in the 1880’s. It was a popular shopping destination and a place where high society held court in the mid 19th century. It was part of New York City’s Silicon Alley in the 1990’s.

As of lately, world class chefs and restaurants have moved into NoMad. It’s tied with Midtown Manhattan for having the most Michelin stars (six stars to date). Besides NoMad’s architecture, nightlife, and restaurants, we can’t forget the added perk of being close to other great neighborhoods and cultural institutions. NoMad’s central location makes it easier to get just about anywhere in the city. You can walk to Chelsea, West Village, Union Square or Grand Central Station in no time at all. The N, R, 1, 6, B, Q, F, and M are very close or just a few blocks away. Penn Station is also within walking distance.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 57338TH