860 Lexington Ave - Retail FOR SALE


New York, NY 10065- Lenox Hill
$12,750,000 USD
917-930-2540
860 Lexington Ave, New York, NY for Sale
$12,750,000 USD
Retail - FOR SALE
1/18
null | 4.72% Cap Rate

860 Lexington Ave
New York, NY 10065
Lenox Hill


HIGHLIGHTS

  • Prime Upper East Side / Lennox Hill
  • Heavy Foot Traffic, Luxury Retail Corridor
  • Dramatic Double-Story Glass Storefront
  • Long Term Established Commercial Tenant
  • Fully Renovated with modern, luxury finishes
  • Private Residential terrace and Roof Deck

OVERVIEW

Investment Sale - Fully Leased Mixed-Use Property in prime Upper East Side. Long term commercial tenant through 2032 plus 2 luxury residential units: 2 bedroom 2 bathroom and a 4 bedroom 3.5 Bathroom with private outdoor spaces (roofdeck). Approximately 6260SF above grade PLUS a finished commercial basement lease by the commercial tenant. Approximately 4.7% pro-forma cap rate.

FOR SALE DETAILS

PRICE

$12,750,000 USD

PRICE/SF

$1,832 USD /SF

CAP RATE

4.72%

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C1-8X

APN/PARCEL ID

1399-0058

ASK ABOUT THIS PROPERTY

Istvan RitzDouglas EllimanMore Info
917-930-2540

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Istvan RitzDouglas EllimanMore Info
917-930-2540

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