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Five-Story Mixed-Use Building
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1672 3rd Ave, New York, NY 10128

Ground-floor restaurant and 16 apartments create a combined retail and residential configuration.

Property Size10,845 SF
Days on Market132

Property Features for 1672 3rd Ave

General Information

Standard status Active
Size 10,845 SF
Property subtype Mixed Use, Multifamily

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 7 x 1BR, 8 x 2BR, 1 x studio
Multifamily Units 16

Building Details

Buildings 1
Stories 5
Listing Agency: Cushman & Wakefield New York
Listed By: Brett Weisblum · License #NY 10401219976
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 8:28AM

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 Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

This five-story mixed-use building at 1672 Third Avenue contains approximately 10,845 gross square feet above grade. The ground floor is configured for a restaurant, while the upper floors contain 16 residential apartments: seven one-bedroom units, eight two-bedroom units, and one studio. Fourteen apartments are designated free market and two are rent stabilized.

A substantial rehabilitation was recently completed, with condominium-like finishes in the residential units and a final order of completion determining that the building is exempt from rent regulation. The property is positioned on the west side of Third Avenue between East 93rd and East 94th Streets in Manhattan’s Upper East Side and Carnegie Hill area.

The surrounding area includes restaurants, shops, schools, hospitals, museums, green spaces, and parks. Transit access includes the Q subway line on Second Avenue, the 4, 5, and 6 lines at Lexington Avenue, buses, and the FDR.

Key Highlights

  • Approximately 10,845 gross square feet above grade
  • Ground‑floor restaurant with 16 residential units above
  • Unit mix includes 7 one‑bedroom, 8 two‑bedroom, and 1 studio apartment

Property Analytics

Current Use

East End Bar ... Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Auto Repair Shop Building Supply Big Box & Wholesale 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

16
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

16,399
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
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?
Mixed-use property - Ground-floor restaurant and 16 apartments create a combined retail and residential configuration.
Where is this mixed-use property located?
The property is located at 1672 3rd Ave New York, NY.
What are key features of this property?
This property features: Approximately 10,845 gross square feet above grade; Ground‑floor restaurant with 16 residential units above; Unit mix includes 7 one‑bedroom, 8 two‑bedroom, and 1 studio apartment
More about this property
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