662 9th Ave, New York, NY, 10036
About This Home
Exclusively Represented by SERHANT., this offering presents a rare opportunity to acquire a two-building portfolio in the heart of Hell’s Kitchen, one of Manhattan’s most dynamic and high-demand neighborhoods. The portfolio consists of: 662 Ninth Avenue: A five-story, 3,450 SF mixed-use property featuring a ground-floor restaurant and eight residential apartments across four floors. This building offers a balanced and diversified income stream with both retail and residential components. 373 West 46th Street: A four-story, 2,880 SF mixed-use property situated on Restaurant Row, comprising three floors of fully built restaurant space and one floor of office space. Together, these two income-producing assets offer investors stable, in-place cash flow with future value-add potential. Strategically located along bustling retail corridors and surrounded by Broadway theaters, renowned dining destinations, and dense residential development, the portfolio benefits from exceptional foot traffic, long-standing tenancy, and unmatched visibility. With flexible zoning and prime positioning in one of New York City’s most iconic entertainment districts, this portfolio provides both immediate returns and long-term upside through repositioning or redevelopment.
Getting Around
Walker's Paradise
Rider's Paradise
Biker's ParadiseSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Interior Area
- Total structure area: 6,330
- Total interior livable area: 6,330 sqft
Property
Details
- Special condition: Resale
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Cold Wave
- Hurricane
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $60,653 | $727,836 |
| Home Insurance * | $1,989 | $23,868 |
| Property Taxes | $7,097 | $85,164 |
| Electricity | $1,046 | $12,553 |
| Total | $70,785 | $849,420 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-19 | Listed for sale | $11,995,000 |
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