Property profile

28 Avenue A New York, NY 10009

OFF-MARKET
Retail properties & Spaces
20,458 SF Built 1920
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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

Current use

Occupant on record · Public records
  • Atm
  • (Bike/Boat/Book/etc) Store Florist
  • Apartment Building

Location

28 Avenue A New York, NY 10009
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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