1029-1039 2Nd Ave New York, NY 10022

Avison Young, as exclusive agent, is pleased to offer for sale the retail co-op at 1029–1039 Second Avenue (the “Property”), an exceptional retail investment opportunity boasting 137 feet of frontage along the bustling Second Avenue retail corridor. Located on the northwest corner of Second Avenue and East 54th Street, the fully leased commercial co-op consists of four (4) distinct units totaling approximately 4,765 square feet. The units are leased to Salon Wave, Next Stop Realty, Blueline Dental, and Pinkberry, with a weighted average lease term (WALT) of over six (6) years. The average tenant tenure exceeds twelve (12) years, with Pinkberry occupying its space for more than eighteen (18) years. ['Over 6 Years of WALT' 'Long-Term Tenancy: Avg Tenure of 12+ Years' 'Preferential Co-op Tax Treatment' 'Located on Second Avenue Retail Thoroughfare' 'Cultural and Recreational Amenities' 'Proximity to the E M 6 Subway Lines']