398 Third Avenue, New York, NY 10016

398 Third Avenue, New York, New York, 10016, New York, NY 10016

  • For Sale $11,500,000
  • Property Type Unassigned
  • Lot Size 0.07 Acre
  • Building Class C7
  • Year Built 1900
  • Date Updated Apr 9, 2024
Cushman & Wakefield has been exclusively retained to arrange for the sale of this nearly 25’ wide, 5-story, 12,335 square foot mixed-use building. The subject property is on the west side of Third Avenue between East 28th and 29th Streets in Manhattan’s Kips Bay neighborhood.

The building consists of a retail liquor store that could be delivered vacant for an operator or ownership can execute a long-term market rate lease with the buyer of his business which would be beneficial to any investor. Above the retail are 16 residential, one-bedroom apartments (9 FM, 6 RS, and 1 RC).

Kips Bay is an empire of healthcare dominated by NYU Langone Medical Center with many popular restaurants, bars, and shopping all within several blocks of the 28th Street Subway Station with access to the train. This asset provides a great opportunity for an investor or user. The liquor store business is available for
sale along with its over $1.2 million of inventory.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

John Ciraulo

Cushman & Wakefield

(212) 660-7700

broker

Craig Waggner

Cushman & Wakefield

(212) 660-7744

broker

Michael Kavanagh

Cushman & Wakefield

(212) 660-7765

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Kips Bay
  • Zip Code 10016
  • Market Manhattan

Points of Interest

  • 28th Street

    0.17 miles

  • 33rd Street

    0.28 miles

  • 23rd Street

    0.32 miles

  • Broadway & 23rd Street at Northeast Corner

    0.42 miles

  • Broadway & 23rd Street at Southeast Corner

    0.43 miles

  • 34th Street–Herald Square

    0.62 miles

  • 23rd Street

    0.62 miles

  • 34th Street & Broadway at Northwest Corner

    0.65 miles

  • 14th Street–Union Square

    0.68 miles

  • 42nd Street–Grand Central

    0.68 miles

  • ChargePoint

    0.12 miles

  • ChargePoint

    0.32 miles

  • ChargePoint

    0.42 miles

  • ChargePoint

    0.57 miles

  • BP

    0.60 miles

  • Bus Charging Station

    0.71 miles

  • Blink

    0.83 miles

  • Tesla Supercharger

    0.91 miles

  • ChargePoint

    0.95 miles

  • ChargePoint

    0.99 miles

  • Red Ball Garage

    0.12 miles

  • Select Garages

    0.34 miles

  • NYU Langone Parking Lot D

    0.48 miles

  • SP+

    0.48 miles

  • Waterside Plaza Parking

    0.50 miles

  • City Parking

    0.52 miles

  • Icon Parking

    0.53 miles

  • icon 24hr Parking

    0.60 miles

  • Icon Parking

    0.60 miles

  • Skyport

    0.61 miles

  • The Hotel @ New York City

    0.11 miles

  • Parksouth Hotel

    0.11 miles

  • Lex Hotel NYC

    0.16 miles

  • Hotel 31

    0.16 miles

  • Clarion Hotel Park Avenue

    0.17 miles

  • Carlton Arms Hotel

    0.17 miles

  • Royalton Park Avenue

    0.19 miles

  • Hotel Giraffe

    0.19 miles

  • Mondrian Park Avenue

    0.21 miles

  • The Marmara Park Avenue

    0.21 miles

  • Jaiya

    0.01 miles

  • Dunkin'

    0.02 miles

  • Maguro Sushi

    0.03 miles

  • Mim Spicy & Deli Grocery

    0.03 miles

  • NYC Pizza Kitchen

    0.03 miles

  • Vatan

    0.03 miles

  • Turkish Kitchen

    0.04 miles

  • Tara Rose

    0.04 miles

  • Coppola's

    0.05 miles

  • Flame Hibachi

    0.06 miles

  • Public School 14

    0.09 miles

  • Lexington Avenue Campus Touro College

    0.12 miles

  • Churchill School and Center

    0.19 miles

  • Baruch College Newman Vertical Campus

    0.19 miles

  • Public School 116

    0.22 miles

  • Rebecca School

    0.23 miles

  • School of Visual Arts

    0.26 miles

  • Norman Thomas High School

    0.27 miles

  • American Academy of Dramatic Arts

    0.30 miles

  • Stern College Yeshiva University

    0.31 miles

  • Push My Swing

    0.03 miles

  • Alpha Bet Preschool of Murray Hill

    0.06 miles

  • NY Kids Club

    0.09 miles

  • The Accorn School

    0.27 miles

  • Wee Ones Club

    0.38 miles

  • St Vartan Play Group Preschool

    0.44 miles

  • Samuel J. Heyman Early Childhood Center

    0.46 miles

  • Everbrook Academy

    0.49 miles

  • Gymboree

    0.50 miles

  • 14th Street Y - Childcare

    0.76 miles

Frequently Asked Questions

What is the lease rate for 398 Third Avenue, New York, NY 10016?

Rental asking rate at 398 Third Avenue, New York, NY 10016 is $5,750,000.00/YR.

When was this property built?

398 Third Avenue, New York, NY 10016 was built in 1900.

Looking for more in-depth information on this property?

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Contact 398 Third Avenue, New York, NY 10016