Cushman & Wakefield has been exclusively retained to arrange for the sale of 1821-1823 Second Avenue– a 50’ wide five story mixed-use building located in the Upper East Side neighborhood of Manhattan. The subject property is located on the west side of Second Avenue between East 94th and 95th Streets. Spread across approximately 15,770 gross square feet above grade, the building is currently configured as ground floor retail and sixteen (16) residential units above. Of the sixteen (16) residential units, eight (8) are Free Market, seven (7) are Rent Stabilized and one (1) is Rent Controlled. The property sits on a 50’ x 80’ lot in a C2-8A zoning district, which equates to approximately 24,230 remaining development rights, as of right. Family-owned for decades, this is the first time it is being offered to the market, and it is an excellent opportunity for a purchaser to acquire a mixed-use building, with upside, at an attractive basis in the coveted Upper East Side neighborhood. There is upside in the in-place market apartments that can be realized by implementing a capital program for the building as well as enhanced renovations in the units themselves as well as inserting a high value retail tenant. 1821-1823 Second Avenue is situated right across the street from the Second Avenue Q subway entrance at 93rd and 94th Street, and surrounded by plentiful restaurants, shops, schools, hospitals, museums, green spaces, and parks. It is also centrally located between the 4 , 5, and 6 lines on Lexington Avenue, crosstown buses and the FDR.