1698 2Nd Ave New York, NY 10128
Property profile & analytics
1698 2Nd Ave New York, NY 10128
- Retail residential properties
- 7,875 SF
- 0.04 lot acres
Property ID
US63-3837135
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail residential properties
Property Details for 1698 2Nd Ave
- Year built
- 1920
- Lot size
- 0.04 lot acres
- Property size
- 7,875 SF
- Zone code
- C2-8
- Property type
- Retail residential properties
- APN
- 01550-0049
- APU
- 15500049
Description
This exceptional Class A retail space, located in the vibrant Upper East Side of Manhattan, presents a unique opportunity for a discerning food-focused business. The property boasts a highly desirable corner location, offering excellent street visibility and accessibility for customers. The main floor encompasses 2,000 square feet of well-designed space, ideal for a restaurant's dining area and kitchen. Adding significant value is a spacious 1500 square foot basement, perfect for storage, additional prep areas, or even expanded seating depending on the tenant's needs. The property's potential for ventilation is a key advantage for any food service operation. The single-tenant occupancy ensures exclusive use and control of the premises. This is a rare opportunity to establish a thriving business in one of Manhattan's most affluent and sought-after neighborhoods. The property's size and location make it suitable for a variety of food-related concepts, from upscale dining to a casual eatery. Its prime corner location guarantees high foot traffic and visibility, ensuring maximum exposure to potential customers. The combination of a large main floor and substantial basement space provides ample room for operations and storage, allowing for efficient workflow and seamless service. The potential for ventilation further enhances the property's suitability for a restaurant or food-related business. This is an exceptional opportunity to secure a prominent location in a thriving market. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,170,000
- 6.5%
- $2,925,000
- 7%
- $2,715,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9506
- Latitude
- 40.779
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$118,088
$257,850
$853,470
$1,111,320
-
$573,000
$1,526,000
$2,099,000
