182 Lexington Avenue presents a rare investment opportunity in the heart of Manhattan’s Midtown East and NoMad corridor. This mixed-use commercial property totals approximately 5,016 square feet with a ground-floor retail space currently built out for restaurant use and equipped with a full liquor license. The site includes gas venting and a functional layout comprising a ground-level storefront and improved basement area, providing attractive options for hospitality operators or repositioning strategies.
The property benefits from a high-visibility location on Lexington Avenue, surrounded by dense residential developments, major office towers, and consistent pedestrian traffic. With flexible zoning (C6-2A), new ownership can capitalize on Manhattan’s thriving food and beverage demand or explore versatile commercial configurations to optimize income potential. Exceptional transit connectivity further supports tenant appeal, with the 28th and 33rd Street subway stations just steps away and Grand Central Terminal less than one mile from the property. This asset offers investors secure long-term value backed by Midtown’s established retail base, proximity to corporate employers, and strong demographic fundamentals. Competitive for retail, hospitality, or mixed-use strategies, 182 Lexington Avenue is poised to deliver stable returns in one of New York City’s most resilient markets.