917-359-6727
, New York, NY for Sale
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

Retail Condominiums at 310 E 86th St
New York, NY
Yorkville


HIGHLIGHTS

  • Prime East 86th Street location with direct subway access.
  • Modern retail units featuring 10-foot ceilings and new finishes.
  • Rare opportunity for stable, long-term investment in NYC.
  • Strong demographics with average income exceeding $146,000.
  • Directly at the entrance to the Second Avenue Subway, providing unmatched accessibility and heavy daily foot traffic.

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Glenn TolchinUpland Property AdvisorsMore Info
917-359-6727

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

Glenn TolchinUpland Property AdvisorsMore Info
917-359-6727

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