923-937 2Nd AveNew York, NY 10022

Property Details for 923-937 2Nd Ave

Property size (Sq ft)

6,000 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional investment opportunity encompasses three distinct properties in Midtown East, New York City. The portfolio features a retail condo at 923-937 Second Avenue, a mixed-use building at 253 East 49th Street, and a multifamily building at 248 East 50th Street. The retail condo, the centerpiece of this offering, is a convenience store with a sizable footprint ranging from 6,000 to 16,000 square feet. Its strategic location on the southwest corner of Second Avenue and 49th Street ensures high visibility and accessibility. The mixed-use and multifamily buildings complement the retail component, offering diversification and potential for further development or rental income. The portfolio is situated in a vibrant and densely populated area of Midtown East, benefiting from strong foot traffic and a robust consumer base. This is a rare chance to acquire a well-positioned, income-generating portfolio in one of Manhattan's most desirable locations. The asking price for the entire portfolio is $8,495,000. Detailed financial information and property specifics are available upon request. This is a turnkey investment ideal for experienced real estate investors seeking a significant return in a prime New York City location. The properties are located in the 10022 zip code.

Location Insight

City

New York

County

Saratoga

State

New York

Latitude

40.7544

Longitude

-73.9692

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