- For Sale $21,500,000
- Property Type Other
- Property Size 27,900 SF
- Date Updated Jul 18, 2026
Description
Avison Young, as exclusive agent, is pleased to offer for sale 220-226 East 53rd Street (the “Portfolio”), a rare opportunity to acquire a fully occupied mixed-use asset comprised of four contiguous buildings in the heart of Midtown East. Located on the South side of East 53rd Street between 2nd and 3rd Avenues, the Portfolio features a diverse blend of street-level retail, commercial space, and predominantly free-market residential apartments. Providing investors with stable in-place cash flow, long-term income durability, and significant embedded upside through future rent growth.
Highlights
- Attractive Unit Mix
- Fully Occupied Mixed-Use Portfolio
- Prime Midtown East Location
- Scale of Acquisition
- Significant Mark-to-Market Opportunity with 96% FM Units
- Stable Commercial Tenancy with a 3.5 Year WALT
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Contacts
Avison Young - US - NY - New York
Avison Young - US - NY - New York