249 East 48th Street

Avison Young, as exclusive agent, is pleased to offer for sale three retail condominium units (the “Property”) totaling 7,418 square feet at the base of Turtle Bay House, located at the corner of East 48th Street and Second Avenue in one of Midtown Manhattan’s most established residential neighborhoods. Featuring 112’ of frontage on 2nd Avenue, this offering represents a rare opportunity to acquire a fully occupied, incomeproducing retail portfolio underpinned by long-term tenancies, meaningfully below-market rents, and a compelling value-add thesis through tax remediation.