28 Avenue A, New York, NY 10009
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.