1460 Second Ave - Apartments FOR SALE


New York, NY 10075- Lenox Hill
$7,499,000 USD
646-625-9011
1460 Second Ave, New York, NY for Sale
$7,499,000 USD
Apartments - FOR SALE
1/3
null | 6.33% Cap Rate

1460 Second Ave
New York, NY 10075
Lenox Hill


HIGHLIGHTS

  • Prime Upper East Side location near East 76th Street
  • Mixed-use configuration with retail and residential units
  • High visibility along Second Avenue’s retail corridor
  • Steps from Q subway line and major bus routes
  • Surrounded by affluent demographics and luxury housing
  • Strong long-term investment fundamentals in core Manhattan

OVERVIEW

Situated in the heart of Manhattan’s Upper East Side, 1460 Second Avenue presents a rare opportunity to acquire a prime mixed-use asset in one of New York City’s most affluent and densely populated neighborhoods. This dual-address property spans a prominent stretch between East 76th and East 77th Streets, offering exceptional visibility and foot traffic along Second Avenue’s thriving retail corridor. The building features ground-floor retail units with stable tenancy and upper-level residential apartments, making it ideal for investors seeking diversified income streams in a high-demand market. The property benefits from proximity to the Q subway line at 72nd Street, multiple bus routes, and walkable access to Central Park, Lenox Hill Hospital, and the East River Esplanade. The surrounding area is characterized by a strong demographic profile, with average household incomes exceeding $150,000 and a high concentration of owner-occupied and luxury rental residences. The neighborhood’s blend of established retailers, boutique storefronts, and upscale dining destinations ensures consistent consumer engagement and long-term tenant appeal. Whether repositioned for enhanced retail frontage, upgraded residential units, or held as a stabilized income-producing asset, 1460 Second Avenue offers a compelling investment in one of Manhattan’s most resilient submarkets.

FOR SALE DETAILS

PRICE

$7,499,000 USD

PRICE/SF

$775 USD /SF

# OF UNITS

8

PRICE/UNIT

$937,375

CAP RATE

6.33%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C19, New York

APN/PARCEL ID

1451-0003

ASK ABOUT THIS PROPERTY

Tal ReznikNest Seekers InternationalMore Info
646-625-9011

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Tal ReznikNest Seekers InternationalMore Info
646-625-9011

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