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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Premier corner location with 146 feet of combined frontage
- Stable income from 30 residential units and six retail spaces
- Excellent transit access via 6 train, bus lines, and FDR Drive
- Directly across from NYU Langone Health, ensuring constant foot traffic
- Anchored by Starbucks and other strong neighborhood operators
RÉSUMÉ ANALYTIQUE
587–593 First Avenue offers an exceptional opportunity to acquire a prime mixed-use property in one of Manhattan’s most vibrant neighborhoods. Positioned at the highly visible corner of First Avenue and East 34th Street, this asset commands attention with approximately 146 feet of combined frontage, ensuring maximum exposure in a bustling corridor directly across from NYU Langone Health.
The property consists of four contiguous, four-story walk-up buildings totaling approximately 21,342 square feet. It features 30 well-maintained residential apartments complemented by six ground-floor retail spaces occupied by a diverse mix of national and local tenants, including Starbucks, NY Bagels & Café, Panini Tozt, The Gyro Project, Makas Barbershop, and Pizza 34 LLC. This strong retail presence caters to the daily needs of the surrounding community and benefits from constant pedestrian traffic driven by the nearby medical campus.
Murray Hill and Kips Bay are among Manhattan’s most desirable submarkets, known for their dynamic blend of historic charm and modern convenience. Residents and visitors enjoy tree-lined streets, excellent transit access, and proximity to Midtown, making this location ideal for long-term growth. The property’s connectivity is unmatched, with the 6 train, multiple bus routes, and FDR Drive all within immediate reach.
This offering represents a rare chance to secure a fee-simple, income-producing corner property in a neighborhood that continues to attract young professionals, medical staff, and students. With strong demographics, vibrant retail, and enduring appeal, 587–593 First Avenue stands out as a premier investment in the heart of Manhattan.
The property consists of four contiguous, four-story walk-up buildings totaling approximately 21,342 square feet. It features 30 well-maintained residential apartments complemented by six ground-floor retail spaces occupied by a diverse mix of national and local tenants, including Starbucks, NY Bagels & Café, Panini Tozt, The Gyro Project, Makas Barbershop, and Pizza 34 LLC. This strong retail presence caters to the daily needs of the surrounding community and benefits from constant pedestrian traffic driven by the nearby medical campus.
Murray Hill and Kips Bay are among Manhattan’s most desirable submarkets, known for their dynamic blend of historic charm and modern convenience. Residents and visitors enjoy tree-lined streets, excellent transit access, and proximity to Midtown, making this location ideal for long-term growth. The property’s connectivity is unmatched, with the 6 train, multiple bus routes, and FDR Drive all within immediate reach.
This offering represents a rare chance to secure a fee-simple, income-producing corner property in a neighborhood that continues to attract young professionals, medical staff, and students. With strong demographics, vibrant retail, and enduring appeal, 587–593 First Avenue stands out as a premier investment in the heart of Manhattan.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Surface totale de l’immeuble | 4 025 m² |
| Nb de biens | 4 | Surface totale du terrain | 0,13 ha |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 4 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 4 025 m² |
| Surface totale du terrain | 0,13 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 591 First Ave, New York, NY 10016 | Immeuble residentiel | 2 512 m² | 1910 | - |
| 593 1st Ave, New York, NY 10016 | Immeuble residentiel | 574 m² | 1930 | - |
| 587 First Ave, New York, NY 10016 | Immeuble residentiel | 530 m² | 1930 | - |
| 589 First Ave, New York, NY 10016 | Immeuble residentiel | 409 m² | 1930 | - |
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587-593 First Avenue
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