1325 5th Avenue

GFI Realty Services, LLC is pleased to offer the opportunity to acquire the retail condo package at the base of The Fifth Avenue, South Harlem’s newest luxury condo development. The package is comprised of thirteen retail condo units along Fifth Avenue between 111th and 112th Streets. The units in total contain 33,047 square-feet of retail space and provide 400 linear feet of Fifth Avenue retail frontage.

The subject offerings are situated at the base of two newly renovated (6)-story elevator condominium buildings, known as The Fifth Avenue. The twin buildings are ideally located steps from Central Park and just north of Museum Mile. The assets occupy both sides of prominent Fifth Avenue and each building features a total of 200 feet of Fifth Avenue retail frontage.

The properties are located within one block of Central Park, shopping, eateries and in close proximity to Museum Mile. Harlem remains one of the most vibrant neighborhoods in New York City. There are many new commercial and residential developments that are joining museums, art galleries, elegantly refurbished brownstones, a variety of retail stores and fine restaurants. In addition to the surrounding attractions, the location of the assets also offers immediate access to the 2, 3, & 6 subway lines, various bus routes and Citi Bike stations.

The retail condo units at The Fifth Avenue, comprised of 33,000 square-feet and 400 feet of retail frontage, are guaranteed to benefit from the demand for a more dynamic retail experience close to Central Park. The demand can be attributed to the continuous change in demographics and the increase of pedestrian traffic.