Retail Condominiums 1380 Madison Ave. 2 condos | Local commercial | À vendre | 4 530 067 € | New York, NY

This rare opportunity consists of two high-quality retail condominium units offered together at a combined purchase price of $5,250,000. The assets are anchored by two nationally recognized, credit-worthy tenants: Bank of America and Van Leeuwen Ice Cream. Both tenants recently executed new long-term leases, providing the incoming investor with stable income and minimal near-term rollover.
The property benefits from strong tenant branding, established customer traffic, and essential-service draw. Bank of America offers long-term credit stability, while Van Leeuwen adds a modern, experience-driven retail component that appeals to a wide demographic. The pairing creates an attractive and diversified income stream.
The asset is projected to generate a 2026 Net Operating Income of $240,000, offering investors durable cash flow backed by reputable operators. With new leases in place, minimal capital requirements, and two well-performing tenants, this offering is ideally suited for investors seeking secure, low-management retail income.