- For Sale $7,800,000
- Property Type Other
- Property Size 4,765 SF
- Units 4
- Date Updated Jun 27, 2025
Avison Young, as exclusive agent, is pleased to offer for sale the retail co-op at 1029–1039 Second Avenue (the “Property”), an exceptional retail investment opportunity boasting 137 feet of frontage along the bustling Second Avenue retail corridor.
Located on the northwest corner of Second Avenue and East 54th Street, the fully leased commercial co-op consists of four (4) distinct units totaling approximately 4,765 square feet. The units are leased to Salon Wave, Next Stop Realty, Blueline Dental, and Pinkberry, with a weighted average lease term (WALT) of over six (6) years. The average tenant tenure exceeds twelve (12) years, with Pinkberry occupying its space for more than eighteen (18) years.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Cultural and Recreational Amenities
- Located on Second Avenue Retail Thoroughfare
- Long-Term Tenancy: Avg Tenure of 12+ Years
- Over 6 Years of WALT
- Preferential Co-op Tax Treatment
- Proximity to the E M 6 Subway Lines
False
Contacts
Location
Getting Around
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Walk Score ®
100/100 Walker's Paradise
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Transit Score ®
100/100 Rider's Paradise
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Bike Score ®
80/100 Very Bikeable
- City New York, NY
- Neighborhood Central Midtown
- Zip Code 10022
- Market Manhattan
Points of Interest
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East 53rd Street & 3rd Avenue at Northeast Corner
0.12 miles
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East 53rd Street & 3rd Avenue at Southeast Corner
0.14 miles
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East 53rd Street & 3rd Avenue at Northwest Corner
0.14 miles
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East 53rd Street & 3rd Avenue at Southwest Corner
0.15 miles
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Lexington Avenue–53rd Street
0.20 miles
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East 53rd Street & Lexington Avenue at Northeast Corner
0.21 miles
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East 53rd Street & Lexington Avenue at Southeast Corner
0.22 miles
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East 51st Street & Lexington Avenue at Southeast Corner
0.27 miles
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51st Street
0.27 miles
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East 51st Street & Lexington Avenue at Northwest Corner
0.28 miles
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ChargePoint
0.08 miles
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Tesla Supercharger
0.39 miles
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Bus Charging Station
0.69 miles
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Sunoco
1.22 miles
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Citgo
1.24 miles
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BP
1.31 miles
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Atlantic
1.41 miles
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Shell
1.43 miles
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Mobil
1.49 miles
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Central Parking
0.18 miles
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20th Century Garage
0.33 miles
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Quik Park Garage
0.43 miles
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Alpha Garage
0.46 miles
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intlFcstone 10022 LOCi Multi
0.51 miles
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icon 24hr Parking
0.71 miles
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Icon Parking
0.81 miles
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Icon
0.82 miles
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Hippodrome Parking
0.82 miles
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Champion
0.85 miles
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AKA Sutton Place
0.12 miles
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Hilton Garden Inn
0.15 miles
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Courtyard
0.16 miles
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The Carvi Hotel New York, Ascend Hotel Collection
0.17 miles
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The Pod Hotel
0.18 miles
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Fitzpatrick
0.23 miles
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The Fifty Sonesta Select
0.24 miles
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Concorde Hotel
0.25 miles
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The Kimberly
0.26 miles
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Doubletree by Hilton Hotel Metropolitan
0.26 miles
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Lenwich
0.03 miles
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Aura's
0.05 miles
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Cafe Luce
0.07 miles
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NAYA Mezze & Grill
0.07 miles
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TacoVision
0.07 miles
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Angelo Bellini
0.09 miles
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OBAO
0.10 miles
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The Shadmoor
0.10 miles
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Hudson Malone
0.10 miles
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DimSum Garden
0.10 miles
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High School of Art and Design
0.10 miles
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Public School 59
0.10 miles
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The Neighborhood Playhouse School of the Theater
0.11 miles
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United Nations School
0.18 miles
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Sahra & William M Lese Religious School
0.25 miles
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Public School 18
0.30 miles
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Lyceum Kennedy International School
0.54 miles
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Saint Vincent Ferrer School
0.58 miles
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Cornell Tech
0.58 miles
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Lyceum Kennedy French American School
0.60 miles
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Gymboree
0.80 miles
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Everbrook Academy
0.80 miles
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Kindercare
0.82 miles
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NY Kids Club
0.93 miles
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St Vartan Play Group Preschool
0.94 miles
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Wee Ones Club
0.94 miles
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My Treehouse
1.06 miles
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Alpha Bet Preschool of Murray Hill
1.26 miles
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Star A Kidz
1.29 miles
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Manhattan Schoolhouse
1.31 miles
Frequently Asked Questions
The space currently listed for sale at 1029-1039 2nd Avenue asks for $7,800,000.
1029-1039 2nd Avenue totals 4,765 square feet.
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