- For Sale $800,000
- Property Type Other
- Property Size 9,797 SF
- Date Updated May 21, 2026
Description
Avison Young, as the exclusive agent, is pleased to offer for sale 120 East 32nd Street, a 9,797 rentable square foot commercial building located in Manhattan’s Midtown South neighborhood. The property is fully leased on a triple-net (NNN) basis to Mainchance, an established NY-City (DHS funded) non-profit organization operating a Drop-In-Center. Mainchance Drop-In Center is a 24-hour multi-service facility operated by the Grand Central Neighborhood Social Services Corporation, providing housing assistance, emergency shelter, and medical care to at-risk adults in Midtown Manhattan. The organization has operated from this location for over 20 years (since 2004), offering a supportive environment designed to help individuals transition toward a more stable future.
Highlights
- Boutique Footprint
- Fully Stabilized Asset
- Long-Term Tenant Stability
- Predictable Cash Flow
False
Contacts
Avison Young
Avison Young - US - NY - New York