Positioned in the heart of Manhattan’s Upper East Side, the retail condominium component of The Harper at 310 East 86th Street offers a rare, high-quality investment opportunity. This modern retail portfolio comprises three ground-floor units totaling approximately 6,115 square feet, all fully leased to premium operators with an average remaining term of 9.5 years. Each lease includes 3% annual escalations and real estate tax reimbursements, ensuring predictable income and long-term stability.
Strategically located at the entrance to the Second Avenue Subway and just two blocks from the Lexington Avenue 4/5/6 lines, the property benefits from exceptional transit connectivity and heavy daily foot traffic. The Upper East Side’s affluent demographic—average individual income of $146,600—combined with ongoing luxury residential development drives robust retail demand. Units feature modern design with 10-foot ceilings, brand-new finishes, and prominent East 86th Street frontage for maximum visibility. The curated tenant mix, including boutique fitness and specialty retail, aligns perfectly with neighborhood preferences and complements the building’s 63 luxury residences.
This offering represents a rare chance to acquire fully stabilized retail assets in one of Manhattan’s most desirable corridors, ideal for long-term investment or 1031 exchange.