Property summary
This exceptional retail property, located at 28-30 Avenue A in the vibrant Alphabet City submarket of Manhattan's East Village, presents a unique investment opportunity. The building, constructed in 1920, offers a total of 20,458 square feet across multiple tenancies. Currently, one ground floor retail space is available, boasting a generous 5,000 square feet. An additional 3,500 square feet of lower level space is also included, providing ample room for storage, expansion, or additional operations. The space is well-equipped for food service businesses, featuring ventilation, two installed hoods, and a walk-in freezer. Its prime location offers unparalleled access to public transportation, with convenient proximity to the 4, 6, J, and Z subway lines, as well as numerous bus routes. The surrounding area is bustling with activity, surrounded by a diverse mix of restaurants, bars, and other entertainment venues, ensuring high foot traffic and visibility for any business. This property is situated in New York County and represents a rare chance to secure a well-positioned retail space in one of Manhattan's most sought-after neighborhoods. The building's history and character add to its unique appeal, offering a blend of vintage charm and modern functionality. This is an ideal location for a business seeking high visibility and a strong customer base in a dynamic and thriving community.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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(Bike/Boat/Book/etc) Store Florist
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Apartment Building
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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