Mixed-Use Office and Retail
2157 First Avenue New York, NY 10029
For Sale
Contact for pricing
Fully occupied three-story building with office space on two floors and a ground-floor retail unit with frontage.
Property Size7,500 SF
Price / SF$333.33
Days on Market77
Property Features for 2157 First Avenue
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Retail, Office, Land
Building Details
- Year Built
- 1910
Listing Agency:
CBRE - New York
Listed By:
Nick Kontos · License #NY10401291353
Source:
Crexi
Added: May 8
Changed: Jul 23
Last Checked: Jul 23 at 11:36AM
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 CBRE - New York
Investment Insights
Based on property information with market context.
CBRE is pleased to offer for sale a fully occupied three-story mixed-use building at 2157 First Avenue. The property comprises approximately 5,000 rentable square feet of office space across two full floors, along with a 2,500 square foot ground-floor retail unit.
The office portion is leased to three tenants, including a tenant occupying the entire third floor on a month-to-month basis at below market rents. The second floor is occupied by two tenants with near-term lease expirations, creating opportunities for future leasing outcomes.
The ground floor is leased to a beauty salon and includes over 25 feet of frontage along First Avenue. The retail lease features real estate tax reimbursement provisions, supporting total effective revenue of approximately $31 per square foot. The property is located within a ten-minute walk of the 110th Street subway station (6-train) along Lexington Avenue, providing convenient transit access to Manhattan and the Bronx.
The office portion is leased to three tenants, including a tenant occupying the entire third floor on a month-to-month basis at below market rents. The second floor is occupied by two tenants with near-term lease expirations, creating opportunities for future leasing outcomes.
The ground floor is leased to a beauty salon and includes over 25 feet of frontage along First Avenue. The retail lease features real estate tax reimbursement provisions, supporting total effective revenue of approximately $31 per square foot. The property is located within a ten-minute walk of the 110th Street subway station (6-train) along Lexington Avenue, providing convenient transit access to Manhattan and the Bronx.
Key Highlights
- Fully occupied 3‑story office and retail building (Year Built 1910) with in‑place cash flow
- Approx. 18,000 buildable SF per provided information with long‑term redevelopment potential
- Total approx. 7,500 SF: about 5,000 SF office across two full floors plus 2,500 SF ground‑floor retail unit
Property Analytics
Location Intelligence
Current Use by Public Records
The Beauty Cave
Hair Salon
Denis Taylor Trucking
Trucking Company
Bombshell Beauty
Nail Salon
ZaFire Dance Company
Theater & Performing Art Venue
MTS Express Inc
Courier Service
FAQs
What type of property is this?
Office units - Fully occupied three-story building with office space on two floors and a ground-floor retail unit with frontage.
Where is this office units located?
The property is located at 2157 First Avenue New York, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully occupied 3‑story office and retail building (Year Built 1910) with in‑place cash flow; Approx. 18,000 buildable SF per provided information with long‑term redevelopment potential; Total approx. 7,500 SF: about 5,000 SF office across two full floors plus 2,500 SF ground‑floor retail unit
