Upper East Side Mixed-Use Portfolio
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Upper East Side Mixed-Use Portfolio 3 biens | Immeuble residentiel | À vendre | 11 931 760 € | New York, NY
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 11 FM residential units and 5 retial units across 11,572 SF
- Total remaining air rights for the three buildings is approximately 23,903 SF
- 100% occupancy with strong rents across all buildings. Residential units are all thoughtfully renovated and FM
- All three buildings are within a seven-block radius
RÉSUMÉ ANALYTIQUE
Avison Young, as the exclusive agent, is pleased to offer for sale three cash-flowing walk-up mixed-use properties in the heart of Manhattan’s highly desirable Upper East Side. Located at 1429 Third Avenue, 1012 Lexington Avenue and 1018 Lexington Avenue, the properties are comprised of eleven (11) residential units and five (5) commercial spaces across 11,572 square feet.
All three 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 6 one-bedrooms, are fully FM and are achieving very strong rents, with the average in place rent reaching $97/SF across the three properties. The retail tenant roster, includes Springbone Kitchen (1429 Third Avenue ground floor), Spa Niobe (1012 Lexington ground & second floor), Grace Deli (1018 Lexington ground floor), and Wo’s Bespoke Clothier (1018 Lexington second floor). With a combined 50 feet of frontage along these high-traffic corridors, the commercial units benefit from significant visibility and activity.
These Properties, available as a package or individually, offer investors a unique opportunity to acquire turnkey cash-flowing assets in one of New York City’s most desirable locales. Collectively, the three properties offer approximately 23,903 square feet of unused air rights, providing investors with meaningful long-term development flexibility.
All three 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 6 one-bedrooms, are fully FM and are achieving very strong rents, with the average in place rent reaching $97/SF across the three properties. The retail tenant roster, includes Springbone Kitchen (1429 Third Avenue ground floor), Spa Niobe (1012 Lexington ground & second floor), Grace Deli (1018 Lexington ground floor), and Wo’s Bespoke Clothier (1018 Lexington second floor). With a combined 50 feet of frontage along these high-traffic corridors, the commercial units benefit from significant visibility and activity.
These Properties, available as a package or individually, offer investors a unique opportunity to acquire turnkey cash-flowing assets in one of New York City’s most desirable locales. Collectively, the three properties offer approximately 23,903 square feet of unused air rights, providing investors with meaningful long-term development flexibility.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 11 931 760 € | Nb de biens | 3 |
| Prix/m² | 10 393 € / m² | Individuellement en vente | 0 |
| Type de vente | Investissement | Surface totale de l’immeuble | 1 148 m² |
| Statut | Actif | Surface totale du terrain | 0,03 ha |
| Prix | 11 931 760 € |
| Prix/m² | 10 393 € / m² |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 3 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 148 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 | - |
| 1429 Third Ave, New York, NY 10028 | Immeuble residentiel | 314 m² | 1901 | - |
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Upper East Side Mixed-Use Portfolio
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