Four-Story Mixed-Use
For Sale
Contact for pricing
517 Second Ave, New York, NY 10016
Ground-floor retail is paired with three apartments, including one with a private terrace.
Property SizeContact for details
Days on Market146
Property Features for 517 Second Ave
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Mixed Use
Occupancy
100%
Units
Unit Mix
3 x 3BR/2BA
Multifamily Units
3
Additional Details
Frontage
24.69 ft
Amenities
private terrace
Building Details
Buildings
1
Stories
4
Tenancy
Multi
Listing Agency:
Cushman & Wakefield New York
(212) 660-7744
Listed By:
John Ciraulo · License #NY 10301211304
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 6:47AM
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 four-story mixed-use building is 24.69 feet wide and contains a 2,186-square-foot ground-floor retail space with three floor-through apartments above. Each apartment includes three bedrooms and two bathrooms, and each has received renovation work in recent years. The second-floor residence also includes a private terrace of approximately 1,000 square feet.
The property is located at 517 Second Ave in New York, NY, on the west side of Second Avenue between 28th and 29th Streets, just off the corner. The retail space is occupied by an Italian restaurant under a lease expiring May 31, 2020. All three residential units are occupied by free-market tenants. The property also includes approximately 10,180 square feet of unused air rights and is designated Tax Class 1.
The property is located at 517 Second Ave in New York, NY, on the west side of Second Avenue between 28th and 29th Streets, just off the corner. The retail space is occupied by an Italian restaurant under a lease expiring May 31, 2020. All three residential units are occupied by free-market tenants. The property also includes approximately 10,180 square feet of unused air rights and is designated Tax Class 1.
Key Highlights
- 24.69’ wide, 4‑story mixed‑use building at 517 Second Ave, New York, NY 10016
- 2,186 sq. ft. ground‑floor retail space occupied by an Italian restaurant
- Three floor‑through apartments, each with 3 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
47,365
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail is paired with three apartments, including one with a private terrace.
Where is this mixed-use property located?
The property is located at 517 Second Ave New York, NY.
What are key features of this property?
This property features: 24.69’ wide, 4‑story mixed‑use building at 517 Second Ave, New York, NY 10016; 2,186 sq. ft. ground‑floor retail space occupied by an Italian restaurant; Three floor‑through apartments, each with 3 bedrooms and 2 bathrooms
