321-323 W 51st St

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