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    OFF-MARKET
    Retail properties & Spaces

    28 Avenue A, New York, NY 10009

    20,458 SF Built 1920
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 1920
    Total area 20,458 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cardtronics ATM Atm
    • Flower Delivery NYC (Bike/Boat/Book/etc) Store Florist
    • DAUSA HOUSE Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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