For Sale
$6,800,000

108 Sherman AveNew York, NY 10034

7,500 SF Retail Building, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 7,500 square foot retail building located at 108 Sherman Avenue in the vibrant Uptown Manhattan neighborhood of New York, NY 10034. The single-story building sits on a 7,500 square foot lot and boasts impressive 11-15 foot ceilings, providing ample space for a variety of retail uses. This property is being sold as a package deal with 110 Sherman Avenue, comprising a single tax lot with two buildings totaling 7,500 square feet. The combined lot size is substantial, offering significant potential for future development. The high-traffic location ensures excellent visibility and accessibility for businesses. This property is ideally suited for investors seeking a strong income stream or developers looking to capitalize on the R7-2 zoning designation, allowing for a 30,000 square foot mixed-use development incorporating commercial and residential components. The strategic location and development potential make this a rare and compelling opportunity in a highly sought-after area of Manhattan. Don't miss this chance to acquire a significant piece of Uptown Manhattan real estate. The asking price for this package deal is $6,800,000.

Highlights

  • $6,800,000 asking price.
  • 7,500 square foot retail building.
  • Single-story building on a 7,500 square foot lot.
  • Located at 108 Sherman Avenue, New York, NY 10034.
  • 11-15 foot ceiling height.

Property Details for 108 Sherman Ave

Property type
Retail properties
Square Feet
7,500 SF
Stories
1
Units
1

Location Insight

City
New York
County
New York (Manhattan)
State
New York
Latitude
40.8642063
Longitude
-73.9251568
108 Sherman Ave, New York, New York

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108 Sherman Ave
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