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Property profile & analytics

1966 1St Ave New York, NY 10029

  • Specialty properties
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Dr. Jay Kumar, MD / Family Practice Physician
  • Golden Opportunities Networking / Social Services Organization
  • Dr. Smile-a-lot / Dentist
  • IMPAC / Business Management Consultant
  • Kulture Hub / Media Company

Property Details for 1966 1St Ave

Property type
Specialty properties

Description

This exceptional 5,500 square foot special purpose property, zoned R7-2, is ideally situated in the vibrant East Harlem neighborhood of Manhattan, at 1966 1st Avenue, between East 101st and East 102nd Streets. The single-tenant occupancy presents a unique investment opportunity in a high-traffic area. Its convenient location offers excellent accessibility, with proximity to the N, Q, and R subway lines at 96th Street and the M15 bus route, ensuring easy commutes for both employees and patrons. The property benefits from a strong retail presence in the immediate vicinity, including well-known national brands such as McDonald's, Rite Aid, Dunkin', Duane Reade, Burger King, Foot Locker, White Castle, and Fine Fare Supermarkets, as well as local favorites like Perk Coffee, SNIPES, and Madame Bonte. This strategic location within a densely populated area guarantees high visibility and significant foot traffic, making it an attractive proposition for a variety of community-focused businesses. The property's R7-2 zoning designation provides flexibility for potential future development or adaptive reuse. This is a rare opportunity to acquire a well-positioned, single-tenant property in a thriving Manhattan neighborhood. The property is located in New York County, New York, with a zip code of 10029.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9421
Latitude
40.7864
More about this property
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