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Mixed-Use Multifamily with Retail
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1124 3rd Ave, New York, NY 10065

Contiguous walk-up properties offer nine apartments over two ground-floor retail stores, totaling about 8,400 SF.

Property Size8,400 SF
Lot Size0.06 Acres
Days on Market133

Property Features for 1124 3rd Ave

General Information

Standard status Active
Size 8,400 SF
Lot size 0.06 Acres
Property subtype Multifamily
Zoning C1-9
Occupancy 19%

Additional Details

Road Access Yes
Clear Height 11 ft
Multifamily Units 9

Amenities

upgraded mechanicals
upgraded electrical
new double paned windows
in unit washer/dryer
high-end finishes

Building Details

Year Renovated 2006
Listing Agency: Exodus Capital CRE
Listed By: Haley Hasho · License #2141166
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 10:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exodus Capital CRE

Investment Insights

Based on property information with market context.

1124 & 1126 Third Avenue present two contiguous, walk-up buildings totaling approximately 8,400 square feet, arranged with 9 residential units over 2 commercial stores. The buildings are zoned C1-9 and are built on 20’ x 65’ lots with dimensions described as 20’ x 50’. All units are free market, with 1126 Third Avenue undergoing a substantial gut rehabilitation in 2006, including upgraded mechanicals and electrical systems, new double-paned windows, boiler, brick work replacement, in-unit washer/dryer amenities, and updated finishes.

The property is located steps from the northwest corner of East 66th Street and 3rd Avenue, at a highly trafficked Upper East Side retail intersection. Both commercial spaces are delivered vacant and feature towering 11-foot ceilings with unobstructed, open square footage. The offering includes approximately 40 feet of frontage spanning the two buildings.

Both retail units are delivered vacant, and the buildings are described as 81% vacant, with two occupied apartments in 1126 that have upcoming expiration dates and lease flexibility. Nearby retail and financial anchors mentioned include Starbucks, Lululemon, Duane Reade, TD Bank, Nike, Crunch, Alo, Chase Bank, and Chipotle. Access to the 4, 5, 6, R, N, and Q train lines is described as nearby.

Key Highlights

  • Contiguous walk‑up multifamily with 9 residential units over 2 ground‑floor retail stores
  • Approximately 8,400 SF total, built on 20’ x 65’ lots with 20’ x 50’ buildings
  • Zoned C1‑9 and includes about 40’ of frontage on 66th Street and 3rd Avenue

Property Analytics

Current Use

Intimissimi (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Nursing Home Daycare Center Butcher Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11 ft
Clear height
9
Residential units
19%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

37,864
Businesses Nearby

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Contiguous walk-up properties offer nine apartments over two ground-floor retail stores, totaling about 8,400 SF.
Where is this apartment building located?
The property is located at 1124 3rd Ave New York, NY.
What are key features of this property?
This property features: Contiguous walk‑up multifamily with 9 residential units over 2 ground‑floor retail stores; Approximately 8,400 SF total, built on 20’ x 65’ lots with 20’ x 50’ buildings; Zoned C1‑9 and includes about 40’ of frontage on 66th Street and 3rd Avenue
(717) 491-4183 Call to check price and availability
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