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Listing Courtesy of Compass
$ 4,990,000
Est. payment | /mo
1 Bed
2 Baths
4,000 SqFt
$ 4,990,000
Est. payment | /mo
1 Bed
2 Baths
4,000 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $1,247
Subdivision Midtown East
MLS Listing ID RLS20019049
Bedrooms 1
Half Baths 4
HOA Fees $2,012/mo
HOA Y/N Yes
Annual Tax Amount $114,408
Property Sub-Type Condo
Property Description
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.
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.
Location
Interior
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Mixed Use
New Construction No
Others
Ownership Condominium
Monthly Total Fees $11, 546
Special Listing Condition Standard
Pets Allowed Building No, No
RLS Data display by Real Broker, LLC
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