525 80th Stgar, New York, NY 10075-0707

This exceptional investment opportunity presents a 68-unit parking garage located at 525 East 80th Street in New York City's desirable Upper East Side/Yorkville neighborhood, zip code 10075. The property boasts a substantial 10,470 square feet of space, offering ample parking for 52 vehicles. The garage features convenient ramped entry and single-level parking, enhancing ease of access and use. Situated at the base of a 68-unit residential condominium building, this garage benefits from consistent demand. The property is currently managed under a cancellable agreement, providing flexibility for future operations. High demand for off-street parking in this densely populated area ensures strong occupancy rates and a stable income stream. This is a rare chance to acquire a well-established, income-producing asset in a prime Manhattan location. The property is offered for sale by owner, presenting a direct ownership opportunity. The address is between York and East End Avenues. This is a special purpose property classified as a garage/parking facility.