Property profile

1225-1239 2Nd Ave New York, NY 10065

OFF-MARKET
Retail properties & Spaces
Property ID
US63-3804417
18,426 SF
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Property summary

AI-generated overview

This exceptional retail condominium opportunity is located at 1225-1239 Second Avenue in New York City's affluent Upper East Side neighborhood. The property boasts a total building size of 18,426 square feet, with a significant 12,212 square feet currently available for lease. This presents a unique chance for a single tenant to occupy a substantial space or for multiple tenants to collaborate within this vibrant commercial building. The property's multiple tenancy structure offers flexibility for various business models. Situated in New York County, the building benefits from excellent accessibility, including convenient proximity to subway lines, ensuring high foot traffic and visibility for your business. The address, 1225-1239 2nd Ave, New York, NY 10065, places your business in a densely populated area known for its upscale clientele and high purchasing power. This is an ideal location for retailers seeking a prominent presence in a thriving, established commercial district. The property is classified as a retail condominium, offering a unique ownership structure. The substantial vacant space provides ample room for customization and expansion, allowing businesses to tailor the space to their specific needs. Don't miss this chance to establish your business in one of Manhattan's most desirable locations.

Property profile

Verified
Property type Retail properties & Spaces
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

Current use

Occupant on record · Public records
  • Restaurant

Location

1225-1239 2Nd Ave New York, NY 10065
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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