950 2nd Ave - Apartments CONDO FOR SALE


New York, NY 10022- Turtle Bay
$23,950,000 USD
917-362-1485
950 2nd Ave, New York, NY for Sale
$23,950,000 USD
Apartments CONDO - FOR SALE
1/6
null | 6% Cap Rate

950 2nd Ave
New York, NY 10022
Turtle Bay


HIGHLIGHTS

  • 160 Feet of Wraparound Frontage
  • In the Heart of Turtle Bay
  • 100% Lease to Established Tenants
  • Proximity to E/M/6 Subway Lines

OVERVIEW

Avison Young, as exclusive agent, is pleased to offer for sale a premier retail condominium located at 950 Second Avenue on the northeast corner of Second Avenue and East 50th Street in the heart of Turtle Bay, one of Manhattan’s most vibrant and established neighborhoods. Positioned at the base of a luxury 29-story, 57-unit residential condominium project completed in 2014, the property benefits from exceptional visibility and foot traffic. The condominium features wraparound frontage totaling approximately 160 feet—with 100 feet along Second Avenue and 60 feet along East 50th Street—providing unparalleled exposure along a high-traffic corner.

FOR SALE DETAILS

PRICE

$23,950,000 USD

PRICE/SF

$2,858 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

104,201 SF

STORIES

29

BUILDING CLASS

A

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,838 SF

ZONING

C1-9

APN/PARCEL ID

1343-1507,1343-1509,1343-1511,1343-1524,1343-1532,1343-1551,1343-7503

ASK ABOUT THIS PROPERTY

James NelsonAvison YoungMore Info
917-362-1485

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James NelsonAvison YoungMore Info
917-362-1485

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