The Property features approximately 50 feet of frontage with a striking wall of windows, offering excellent street visibility. It consists of approximately a 1,600-square-foot ground-floor commercial retail space and a 2,400-square-foot vented, finished basement. The ground floor is currently vacant, while the basement is occupied by Viva Events and Catering, a well-established catering company.
This offering presents an exceptional opportunity for both investors and end-users to own a retail condominium in Manhattan’s highly desirable Midtown East neighborhood. End-users can occupy the ground-floor space while collecting rental income from the existing tenant on the lower level.
Situated in Manhattan’s Center of Design District, the Property is adjacent to the Decoration & Design (D&D) Building and The Architects and Designers (A&D) Building. It is surrounded by a vibrant mix of home improvement, furniture, and interior design stores, along with numerous restaurants. It is steps from Bloomingdale’s, the Bloomberg headquarters, and just a few blocks from major hospitals and Rockefeller University. The location offers easy access to the Queensboro Bridge and is conveniently located just two blocks from the Lexington Avenue/59th Street subway station (serviced by the 4, 5, 6, N, Q, and R lines).
Please inquire for financial details. Listing courtesy of Compass
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Founder, Principal Broker
212-388-1115
Founder, Principal Broker
listings@lohorealty.com
212-388-1115