923-937 2Nd AveNew York, NY 10022

For Sale
$8,495,000

High-return convenience store investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity encompasses three distinct properties in Midtown East, New York City. The portfolio features a retail condo at 923-937 Second Avenue, a mixed-use building at 253 East 49th Street, and a multifamily building at 248 East 50th Street. The retail condo, the centerpiece of this offering, is a convenience store with a sizable footprint ranging from 6,000 to 16,000 square feet. Its strategic location on the southwest corner of Second Avenue and 49th Street ensures high visibility and accessibility. The mixed-use and multifamily buildings complement the retail component, offering diversification and potential for further development or rental income. The portfolio is situated in a vibrant and densely populated area of Midtown East, benefiting from strong foot traffic and a robust consumer base. This is a rare chance to acquire a well-positioned, income-generating portfolio in one of Manhattan's most desirable locations. The asking price for the entire portfolio is $8,495,000. Detailed financial information and property specifics are available upon request. This is a turnkey investment ideal for experienced real estate investors seeking a significant return in a prime New York City location. The properties are located in the 10022 zip code.

Highlights

  • $8,495,000 asking price.
  • Retail property consisting of a convenience store.
  • 6,000 - 16,000 square feet.
  • Located at 923-937 Second Avenue, New York, NY 10022.
  • Midtown East location.

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7543942
Longitude
-73.969199
923-937 2Nd Ave, New York, New York

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923-937 2Nd Ave
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