29 E 73rd St - Storefront Retail/Residential FOR SALE


New York, NY 10021- Lenox Hill
$8,000,000 USD
917-412-9996
29 E 73rd St, New York, NY for Sale
$8,000,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 3.77% Cap Rate

29 E 73rd St
New York, NY 10021
Lenox Hill


OVERVIEW

29 East 73rd Street is a mixed-use commercial townhouse featuring retail, office, and residential space on a treelined Central Park block in one of Manhattan’s most sought after residential neighborhoods. The five-story building is currently split across three units, consisting of two commercial tenants on the bottom three floors and an owner-occupied duplex on the 4th and 5th floors. The ground floor, basement level, and backyard are occupied by Ivar jewelry, while the second and third floors are leased to a boutique gym. The top two floors are occupied by the current owner and will be delivered vacant upon closing. The Property presents the possibility to convert the entire building into a 4-5 unit multifamily building or a single family home, making it an attractive opportunity given its location between 5th and Madison Avenues.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$533 USD /SF

CAP RATE

3.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C5-1

APN/PARCEL ID

1388-0116

ASK ABOUT THIS PROPERTY

917-412-9996

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917-412-9996

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