845 Second Avenue, Retail Sponsor Unit

For Sale$4,000,000

845 Second Ave, New York, NY 10017

  • Retail
  • Retail (Other)

845 Second Avenue, Retail Sponsor Unit, New York, NY 10017 - Retail Space

845 Second Avenue, Retail Sponsor Unit is located at 845 Second Ave in the Turtle Bay neighborhood, NY, New York, 10017. The Class C Retail building was completed in 2001 and features a total of 3,200 Sqft.

There are 3 retail spaces for lease in the Turtle Bay neighborhood, totaling 19,033 Sqft of available retail space. The retail space availability for the 10017 zip code is 33,420 Sqft, in 5 retail spaces.

In Turtle Bay, there is 1 class C retail building. In 2001, the same year 845 Second Avenue, Retail Sponsor Unit was built, 11 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 1,700,119 square feet of commercial space.

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Details

  • Sale Price $4,000,000
  • City New York
  • Neighborhood Turtle Bay
  • Zip Code 10017
  • Market Manhattan
  • Property Type Retail - Retail (Other)
  • Property Size 3,200 Sqft
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2001

Description

This unique Mid-Town East property offers the purchaserseveral exciting possibilities. The existing ground floor retailcondo can be delivered VACANT with additional air-rightspurchased from the seller. The seller was also part of theoriginal Sponsor Group of this condo building and holds apermanent seat on the board. This permanent seat istransferred to the new purchaser.T

he space also comes with no restrictions on use and hasadditional storage in a finished basement level. This is agreat opportunity for a user or investor looking for primeretail space in Mid-Town East on 2nd Avenue.The space iscurrently being rented to a hardware store in which the selleronce owner of the business can deliver the space vacantupon closing.

845 Second Avenue is a 10-story mix-use elevatorcondominium located in the heart of Mid-Town East. Nearbylandmarks include; United Nations, Grand Central Terminal,FDR Highway, The Palm and Palm II amongst other SecondAvenue favorites.

Common charges have stayed the same in this buildingsince its inception as condo in 2006. Taxes have stayedrelatively the same since turning condo, and there are noassessments actively in the building. Heavy foot traffic andprime visible frontage for a business types.

Turtle Bay Demographics

The average household income in zip code 10017 is $169,169, from a total of 10,076 households. In terms of employment, there are 95.73 % white-collar and 4.27 % blue-collar jobs in zip code 10017.

Population

  • Total Population15,065
  • Male Population(46.3 %) 6,968
  • Female Population(53.7 %) 8,096
  • Median Age44.00

Income/Financial

  • Average Household Income$190,210
  • Median Household Income$125,838
  • Median Income Under 25$67,976
  • Median Income 25-44$144,492
  • Median Income 45-64$166,260
  • Median Income Over 65$77,962

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Eduard Zaytsev

Camelot Realty Group

(646) 472-6790