852 10th Ave - Storefront Retail/Residential FOR SALE


New York, NY 10019- Hell's Kitchen
$4,899,000 USD
646-610-1899
852 10th Ave, New York, NY for Sale
$4,899,000 USD
Storefront Retail/Residential - FOR SALE
1/47
null | 4.67% Cap Rate

852 10th Ave
New York, NY 10019
Hell's Kitchen


HIGHLIGHTS

  • Heavy foot traffic
  • Lots of natural light
  • Excellent condition

OVERVIEW

Corner property in Prime Manhattan, Next to Billionaires Row, Central Park, Hudson Yards, and West Side of City. Excellent condition with building gut renovated in 2010. Fully sprinklered and tons of air rights. Can double the size of the building. Apartments are in triple mint condition with instant add value of under market rents. Subway franchise with 1 yearleft on ground floor lease. 2nd floor lease is hair/nail salon with 3 years left on lease. Over 5000 sq ft of air rights valued at $300 psf minimum for a value of $1.5M, can be sold or utilized.

FOR SALE DETAILS

PRICE

$4,899,000 USD

PRICE/SF

$1,041 USD /SF

CAP RATE

4.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C2-7

APN/PARCEL ID

1066-0001

ASK ABOUT THIS PROPERTY

Tom ModineLive it up LLCMore Info
646-610-1899

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Tom ModineLive it up LLCMore Info
646-610-1899

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