212 E 52nd St - Storefront Retail/Office FOR SALE


New York, NY 10022- Midtown East
$7,999,000 USD
718-316-7199
212 E 52nd St, New York, NY for Sale
$7,999,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 4.53% Cap Rate

212 E 52nd St
New York, NY 10022
Midtown East


OVERVIEW

212 East 52nd Street New York is situated in the most desirable and impressive corridor in Manhattan with an abundant pedestrian traffic with tourists from all over the world and situated near all icons attractions such as Saint Patrick Cathedral, Waldorf Astoria, Central Park, etc. Walking distance to all subway lines. Amazing opportunity 4 stories commercial building for sale in Midtown Manhattan. The property offers a great investment with four commercial tenants in place. The building features the following: * First floor a japanese restaurant * Second floor a japanese club * Third floor a beauty spa * Forth floor a restaurant * Elevator Lot size 20X100.42 Building size 20x96 Zoning R8B Retail square feet 6,400 Residential FAR 4 Unused FAR 1,626 Gross Annual Income $501,842 Annual expenses $151,295 Net Operating Income $362,431

FOR SALE DETAILS

PRICE

$7,999,000 USD

PRICE/SF

$1,250 USD /SF

CAP RATE

4.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Stories Commercial Building For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R8B, Manhattan (K9)

APN/PARCEL ID

1325-0047,1325-0048

ASK ABOUT THIS PROPERTY

Romero PappPapp RealtyMore Info
718-316-7199

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Romero PappPapp RealtyMore Info
718-316-7199

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