Property profile

1998 2Nd Ave New York, NY 10029

OFF-MARKET
Retail properties & Spaces
16,200 SF
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Property summary

AI-generated overview

This exceptional commercial property at 1998 2nd Avenue in East Harlem, New York, NY 10029 offers a unique opportunity for businesses seeking flexible and modern office space. Located in New York County, this retail and office building boasts a total of 16,200 square feet, with a significant portion currently vacant at 13,707 square feet. Multiple tenancy options are available, catering to a range of business needs. Individual suites range from a minimum of 2,532 square feet to a maximum contiguous space of 7,525 square feet, providing ample room for expansion or consolidation. The building features impressive 12.8-foot ceilings, creating a bright and airy atmosphere. This prime location in East Harlem offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a vibrant and convenient urban setting. The property is currently available for lease, presenting a rare chance to secure high-quality office space in a rapidly developing neighborhood. Inquire today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 16,200 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
  • Apartment Building

Location

1998 2Nd Ave New York, NY 10029
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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