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    OFF-MARKET
    Neighborhood centers

    1225-1239 2Nd Ave, New York, NY 10065

    18,426 SF
    Property ID
    US63-3804417
    Property summary
    AI-generated overview

    This exceptional retail condominium, located at 1225-1239 Second Avenue in New York City's desirable Upper East Side, presents a unique investment opportunity. The property boasts a total of 18,426 square feet, currently configured as a single, multi-tenant strip center. A significant portion of the space, totaling 12,212 square feet, is currently vacant, offering substantial potential for a new tenant or expansion. The building's prime location within a thriving and affluent neighborhood ensures high foot traffic and visibility. Convenient access to the subway system further enhances its appeal to both businesses and customers. This property is situated in New York County, New York, with a zip code of 10065. The precise coordinates are latitude 40.7645239 and longitude -73.9624327. This is an ideal opportunity for businesses seeking a prominent presence in a high-demand area. The existing structure provides a solid foundation for a variety of retail concepts, benefiting from the established infrastructure and high-traffic location. The substantial vacant space allows for customization and adaptation to suit a wide range of business needs. This property offers a compelling combination of size, location, and potential for significant return on investment. Don't miss this chance to secure a prime retail space in one of Manhattan's most sought-after neighborhoods.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 18,426 SF
    UPID US63-3804417
    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
    • 1225 Second Ave Restaurant
    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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