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Mixed-Use Building with Retail
For Sale
$5,500,000

973 Second Avenue New York, Ny, NY 10022

Renovated four-story mixed-use building with ground-level commercial space and three residential units above.

Property Size9,600 SF
Price / SF$1,250
Days on Market92

Property Features for 973 Second Avenue New York

General Information

Standard status Active
Size 9,600 SF
Property subtype Other

Additional Details

Multifamily Units 3

Building Details

Building Size 9,600 SF
Stories 4
Listing Agency: Avison Young
Listed By: Alex Woodlief · License #10401244880
Source: Commercialcafe
Added: Jun 16 Changed: Sep 11 Last Checked: Sep 15 at 5:24AM

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 Avison Young

Investment Insights

Based on property information with market context.

The property is a renovated and modernized four-story mixed-use building totaling approximately 4,400 gross square feet. It contains four units in total: one commercial unit on the ground and basement level, and three free-market residential units located above.

The asset is offered for sale at 973 Second Avenue in Manhattan’s Midtown East neighborhood. The building’s configuration supports a live/work setup, with street-level commercial space paired with residential units on the upper floors.

For tenants and buyers seeking a mixed-use structure, the layout provides separate functions within one building—retail or service use at the lower levels and residential housing above. With one commercial unit and three residential units, the property offers a straightforward operating mix for an owner, investor, or operator looking for a combined commercial and residential income profile within a fully renovated asset.

Key Highlights

  • Renovated and modernized four‑story mixed‑use building at 973 Second Avenue
  • Total approximately 4,400 gross square feet in Manhattan’s Midtown East neighborhood
  • 4 total units: 1 ground and basement commercial unit plus 3 free‑market residential units above

Property Analytics

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Current Use

Buttercup BakeShop Bakery

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Nursing Home

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

45,181
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Renovated four-story mixed-use building with ground-level commercial space and three residential units above.
Where is this triplex located?
The property is located at 973 Second Avenue New York Ny, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Renovated and modernized four‑story mixed‑use building at 973 Second Avenue; Total approximately 4,400 gross square feet in Manhattan’s Midtown East neighborhood; 4 total units: 1 ground and basement commercial unit plus 3 free‑market residential units above
More about this property
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