{"id":131301,"date":"2026-02-12T15:29:12","date_gmt":"2026-02-12T15:29:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/131301\/"},"modified":"2026-02-12T15:29:12","modified_gmt":"2026-02-12T15:29:12","slug":"alpha-realty-brings-41-east-41st-street-mixed-use-building-to-market-in-manhattans-murray-hill","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/131301\/","title":{"rendered":"Alpha Realty Brings 41 East 41st Street Mixed Use Building to Market in Manhattan\u2019s Murray Hill"},"content":{"rendered":"

Alpha Realty brings five-story mixed use building at 41 East 41st Street to the Manhattan investment market. The property includes three large floor-through apartments, two commercial units & 10,000 square feet of unused air rights, offering long term value in high demand Midtown\/Murray Hill corridor.<\/p>\n

New York, NY, United States, February 12, 2026 — Alpha Realty announces that 41 East 41st Street, a five\u2011story mixed\u2011use building in Manhattan\u2019s Murray Hill neighborhood, is now on the market. The 5,120\u2011square\u2011foot property includes three large floor\u2011through apartments, two commercial units, and approximately 10,000 square feet of unused air rights. Lev Mavashev<\/a>, Managing Principal of Alpha Realty, and Associate Dasha Dadobaeva are exclusively representing ownership.<\/p>\n

<\/p>\n

Located between Madison Avenue and Park Avenue, 41 East 41st Street sits in a high\u2011demand Midtown corridor near Bryant Park and Grand Central Terminal, offering strong accessibility and steady pedestrian traffic. The property\u2019s combination of residential and commercial income, along with its unused air rights, positions it as a compelling opportunity for investors seeking long\u2011term upside through repositioning or expansion.<\/p>\n

Protected under Tax Class 2A, the building offers further investor advantages with stable annual tax increases. The retail component is anchored by long\u2011term tenants, while the residential units feature recently renovated interiors. Current ownership has implemented utility reimbursements and CAM charges to offset operating expenses, contributing to a projected cap rate of 6.2 percent.<\/p>\n

Lev Mavashev, Principal of Alpha Realty<\/a>, noted that the property\u2019s location and fundamentals align with current investor demand for mixed\u2011use assets in Manhattan.<\/p>\n

\u201cThis is a rare opportunity to acquire a fully occupied, income\u2011producing asset with future development potential in one of Manhattan\u2019s most sought\u2011after corridors,\u201d said Mavashev. \u201cThe property\u2019s strong fundamentals and long\u2011term upside make it an attractive option for a wide range of investors.\u201d<\/p>\n

<\/p>\n

About the company: Alpha Realty is a boutique brokerage specializing in the sale of multifamily and mixed use assets across New York City\u2019s core markets. The firm advises owners and investors on acquisitions, dispositions, and value creation strategies throughout Manhattan and the outer boroughs.<\/p>\n

Contact Info:
Name: Lev Mavashev
Email: Send Email<\/a>
Organization: Alpha Realty – Investment-Sales | NYC Multifamily
Address: 164 20th St Suite 3D, Brooklyn, NY 11232
Phone: (212) 658-0955
Website: https:\/\/www.alpharealtyny.com\/<\/a><\/p>\n

Release ID: 89183339<\/p>\n

In case of encountering any inaccuracies, problems, or queries arising from the content shared in this press release that necessitate action, or if you require assistance with a press release takedown, we urge you to notify us at error@releasecontact.com<\/a> (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be readily available to promptly address your concerns within 8 hours, resolving any identified issues diligently or guiding you through the necessary steps for removal. The provision of accurate and dependable information is our primary focus.<\/p>\n

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