1435 Second Ave - Apartments FOR SALE


New York, NY 10021- Lenox Hill | 
$6,800,000 USD
718-309-2982
1435 Second Ave, New York, NY for Sale
$6,800,000 USD
Apartments - FOR SALE
1/16
null | 5.1% Cap Rate

1435 Second Ave
New York, NY 10021
Lenox Hill


HIGHLIGHTS

  • Prime Upper East Side location near East 74th and 75th Streets.
  • Retail space can be delivered vacant at closing.
  • Surrounded by popular restaurants, shops, and transit options.
  • Additional development potential with 11,270 SF of unused FAR.

OVERVIEW

1435 Second Avenue is a mixed-use property on the Upper East Side in a prime, high-foot-traffic corridor between 74th and 75th Streets. The building offers approximately 4,340 SF across four floors and is currently fully built out as a restaurant, with the option to be delivered vacant. Built in 1910 on an 18.92 ft x 72 ft lot, it is zoned C1-9/C-8 and includes one commercial unit with three residential units above. The property also benefits from approximately 11,270 SF of unused air rights, offering strong potential for future expansion or redevelopment.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$1,567 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,700,000

CAP RATE

5.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C1-9 (R10) 8c

APN/PARCEL ID

1429-0027

ASK ABOUT THIS PROPERTY

Jamie ZhengJamie Realty GroupMore Info
718-309-2982

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Jamie ZhengJamie Realty GroupMore Info
718-309-2982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.