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Tenant-Leased Mixed-Use Property

325 5 AVE, New York, NY 10016

For Sale
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The 31,190-square-foot building is occupied by GGMC under a lease with annual increases.

Property Size31,190 SF
Price / SF$320.62
Days on Market33

Property Features for 325 5 AVE

General Information

Standard status Active
Size 31,190 SF
Property subtype Mixed Use
Net Operating Income $520,000

Financials

Gross Income $900,000
HOA Fee $11,000

Site & Location

Neighborhood Gowanus Heights

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Global Asset Management
Listed By: Ariel Kowalsky
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 4:59PM

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 Global Asset Management

Rey
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Investment Insights

Based on property information with market context.

This 31,190-square-foot mixed-use property at 325 5th Avenue in New York is occupied by GGMC. The lease has five years remaining, includes annual rent increases of 3%, and gives the landlord a six-month cancellation option.

Key Highlights

  • 31,190 square feet of mixed‑use space
  • Occupied by GGMC
  • Five years remain on the lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Izzy's Smokehouse Restaurant Hanmi Bank Financial Advisor Athas John M ... Physician Pippin Technologies (Bike/Boat/Book/etc) Store 325 Fifth Avenue ... Condominium Complex

Suggested Use

Top Pick Law Firm Accounting Firm Hair Salon Nursing Home Nail Salon Catering Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,787
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in New York, NY

$922 Jul
$1,020 Aug
$1,182 Sep
$1,172 Oct

Properties on Market for Mixed-use properties in New York

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Mixed-use property - The 31,190-square-foot building is occupied by GGMC under a lease with annual increases.
Where is this mixed-use property located?
The property is located at 325 5 AVE New York, NY.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 31,190 square feet of mixed‑use space; Occupied by GGMC; Five years remain on the lease
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