321-323 W 51st St

For Sale

321 W 51st St, New York, NY 10019

This New York property for sale is located at 321 W 51st St. The current listed sale price for 321-323 W 51st St is $9,000,000. 321-323 W 51st St is situated on a lot that is 0.05 acre in size.

Contacts

Chris Brodhead

Ariel Property Advisors

Michael A. Tortorici

Ariel Property Advisors

Chéri Roohi

Ariel Property Advisors

Property Details

  • Property Type Mixed Use
  • Property Size 4,008 SF
  • Units 5
  • Lot Size 0.05 Acre
  • Year Built 1920
  • Date Updated Jun 26, 2026

First sale in over 50 years - opportunity to acquire two adjacent fourstory buildings on West 51st Street in the core of the theater district

Well-maintained asset with in-place income from a marquee restaurant tenant and 5 Free Market residential apartments above

Exceptional Midtown West location surrounded by dense residential, office, hotel, and nightlife uses, supporting strong foot traffic and long-term demand

Newly signed a 15-year lease with a Michelin-starred restaurant, beginning September 1, 2026

Two adjacent tax lots totaling approximately 4,016 square feet of lot area and 10,016 square feet of existing building area

Six total units across both buildings, including five residential units and one 5,000 sf restaurant

Approximate 6,851 square feet of unused air rights, providing longterm optionality for a future owner

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Attachments

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Location

  • City New York, NY
  • Neighborhood Clinton - Hell's Kitchen
  • Zip Code 10019
  • Market Manhattan

Points of Interest

  • 53rd Street & 7th Avenue at Southeast Corner

    0.26 miles

  • 53rd Street & 7th Avenue at Northeast Corner

    0.26 miles

  • 57th Street–7th Avenue

    0.37 miles

  • 6th Avenue & 56th Street at Southwest Corner

    0.45 miles

  • 6th Avenue & 56th Street at Southeast Corner

    0.46 miles

  • 6th Avenue & 56th Street at Northwest Corner

    0.46 miles

  • 42nd Street–Port Authority Bus Terminal

    0.46 miles

  • 6th Avenue & 57th Street at Southwest Corner

    0.48 miles

  • Times Square

    0.55 miles

  • 5th Avenue–53rd Street

    0.59 miles

  • ChargePoint

    0.42 miles

  • Mobil

    0.43 miles

  • Blink

    0.49 miles

  • Tesla Supercharger

    1.05 miles

  • BP

    2.06 miles

  • Citgo

    2.29 miles

  • Sunoco

    2.33 miles

  • Atlantic

    2.49 miles

  • Shell

    2.50 miles

  • Quik Park

    0.21 miles

  • Champion

    0.27 miles

  • Icon

    0.30 miles

  • 24 Hour Parking

    0.33 miles

  • Manhattan Parking Group

    0.38 miles

  • Icon Parking

    0.41 miles

  • Allie II parking

    0.44 miles

  • Alfred Car Park, LLC

    0.57 miles

  • Hippodrome Parking

    0.59 miles

  • Lincoln Center Park and Lock Garage

    0.62 miles

  • Washington Jefferson Hotel

    0.03 miles

  • Hampton

    0.04 miles

  • Belvedere Hotel

    0.15 miles

  • Hilton Garden Inn

    0.16 miles

  • citizenM

    0.16 miles

  • The Msocial

    0.16 miles

  • Mayfair

    0.17 miles

  • Ameritania at Times Square

    0.20 miles

  • Residence Inn New York Manhattan / Central Park

    0.21 miles

  • Jazz on Columbus Circle Hostel

    0.22 miles

  • Key Food

    0.13 miles

  • Gristedes

    0.13 miles

  • Kitchen Valley Marketplace

    0.27 miles

  • Nordstrom

    0.32 miles

  • TJ Maxx

    0.34 miles

  • Smiler Gourmet Deli

    0.34 miles

  • Morton Williams

    0.38 miles

  • The Shops at Columbus Circle

    0.39 miles

  • Whole Foods Market

    0.39 miles

  • Target

    0.45 miles

Contact 321-323 W 51st St
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