Alpha Realty markets two renovated Manhattan walk up multifamily buildings at 151 East 30th Street and 446 West 55th Street, totaling 31 apartments in Kips Bay and Hell's Kitchen, and lists them at $18.5 million for investors seeking free market turnkey multifamily assets in Manhattan.

New York, NY, United States, November 29, 2025 -- Alpha Realty, a New York City based investment sales brokerage, has been exclusively retained to market two renovated walk-up multifamily buildings in Manhattan's Kips Bay and Clinton / Hell's Kitchen neighborhoods. The properties, located at 151 East 30th Street and 446 West 55th Street, total 31 apartments across approximately 17,600 square feet.

151 East 30th Street is a five story walk up building with 11 fully free market apartments across approximately 8,472 square feet. The property was gut renovated in 2021 with modern finishes throughout and is positioned between Lexington Avenue and Third Avenue in Kips Bay, within walking distance of the 28th Street subway station and a wide range of neighborhood retail, dining and entertainment options.

Located between Ninth and Tenth Avenues, 446 West 55th Street is a five story walk up totaling 20 apartments, 90 percent of which are free market, across approximately 9,155 square feet. Also renovated in 2021, the Hell's Kitchen building offers strong in-place income with additional upside potential in one of Manhattan's most active residential corridors.

“These are two high-performing, turnkey properties in core Manhattan submarkets,” said Lev Mavashev, Managing Principal of Alpha Realty. “Whether purchased together or individually, they represent a rare opportunity to own quality, renovated assets in prime locations.”

Together, the two buildings offer renovated interiors, mostly free market rent rolls and stabilized cash flow in supply constrained Manhattan neighborhoods. Investors can acquire each property individually or purchase the 31 unit portfolio as a package for an asking price of $18,500,000, positioning them for both current income and long-term growth.

For additional information or to schedule a property tour, contact: Lev Mavashev, Managing Principal, Alpha Realty, (212) 658 0870.

About the company: Alpha Realty is a New York City based investment sales brokerage firm specializing in multifamily and mixed use properties. Founded by Lev Mavashev in 2014, the firm focuses on walk up and elevator apartment buildings across Manhattan, Brooklyn, Queens and the Bronx, representing private investors, family offices and institutional owners in acquisition and disposition assignments. For more information, visit AlphaRealtyNY.com

Contact Info:
Name: Lev Mavashev
Email: Send Email
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/

Release ID: 89177322

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