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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 8 FM residential units and 3 retail units across 8,284 SF
- Situated in the heart of the highly desirable Upper East Side submarket along the highly foot trafficked Lexington Avenue
- 100% occupancy with strong rents across both buildings. Residential units are all thoughtfully renovated and FM
RÉSUMÉ ANALYTIQUE
Avison Young, as the exclusive agent, is pleased to offer for sale two cash-flowing walk-up mixed-use properties in the heart of Manhattan’s highly desirable Upper East Side. Located at 1012 Lexington Avenue and 1018 Lexington Avenue, the properties comprise eight (8) residential units and three (3) commercial spaces across 8,284 square feet.
Both properties are meticulously maintained, and residents enjoy modern features including keyless entry fobs and intercom systems. The residential units, which are comprised of 5 studios and 3 one-bedrooms, are fully FM and are achieving very strong rents, with the average in-place rent psf reaching $116 across the two buildings. The retail tenant roster, which boasts a 7.03-year WALT, includes Spa Niobe (1012 Lexington ground & second floor), Grace Deli (1018 Lexington ground floor), and Wo’s Bespoke Clothier (1018 Lexington second floor). The average rent for these three tenants is $137/SF. With a combined 34 feet of frontage along this high-traffic corridor, the commercial units benefit from significant visibility and action.
Both properties are meticulously maintained, and residents enjoy modern features including keyless entry fobs and intercom systems. The residential units, which are comprised of 5 studios and 3 one-bedrooms, are fully FM and are achieving very strong rents, with the average in-place rent psf reaching $116 across the two buildings. The retail tenant roster, which boasts a 7.03-year WALT, includes Spa Niobe (1012 Lexington ground & second floor), Grace Deli (1018 Lexington ground floor), and Wo’s Bespoke Clothier (1018 Lexington second floor). The average rent for these three tenants is $137/SF. With a combined 34 feet of frontage along this high-traffic corridor, the commercial units benefit from significant visibility and action.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 7 987 190 € | Nb de biens | 2 |
| Prix/m² | 9 578 € / m² | Individuellement en vente | 0 |
| Type de vente | Investissement | Surface totale de l’immeuble | 834 m² |
| Statut | Actif | Surface totale du terrain | 0,03 ha |
| Prix | 7 987 190 € |
| Prix/m² | 9 578 € / m² |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 834 m² |
| Surface totale du terrain | 0,03 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 1012 Lexington Ave, New York, NY 10021 | Immeuble residentiel | 430 m² | 1930 | - |
| 1018 Lexington Ave, New York, NY 10021 | Immeuble residentiel | 404 m² | 1910 | - |
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1012/1018 Lexington Avenue
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