127 7th Ave
Brooklyn, NY 11215
Park Slope
HIGHLIGHTS
- 2,340 Modified Net Leased Bank Branch Condo Located on 7th Avenue in the Heart of Manhattan's Chelsea Neighborhood
- Leased to M&T Bank - Headquartered in Buffalo, NY, M&T Bank has over 780 Branches Nationally and a Moody's Credit Rating of A2
- Location has Been a Bank Branch Since 2008 - M&T Renewed their Lease early in 2026 for a Brand New 5 Year Term
- Zero Options Remaining - Strong Upside Potential for a Future Owner
- Located on the Ground Floor Yves Chelsea - a 14 Story/41 Unit Luxury Condominium Building in the Heart of Chelsea
- High Image Street Level Retail Benefitting from Excellent Signage, Visibility and Foot Traffic
FOR SALE DETAILS
PRICE
$10,059,272 USD
PRICE/SF
$1,366 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
M&T Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.08 AC
LAND SF
3,611 SF
ZONING
R6
APN/PARCEL ID
01069-0014
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248-702-0288
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248-702-0288
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