Upper East Side Mixed-Use Portfolio

1429 Third Avenue, New York, NY 10021

  • For Sale $13,900,000
  • Property Type Other
  • Date Updated Aug 18, 2025

Avison Young, as the exclusive agent, is pleased to offer for sale three cash-flowing walk-up mixed-use properties in the heart of Manhattan’s highly desirable Upper East Side. Located at 1429 Third Avenue, 1012 Lexington Avenue and 1018 Lexington Avenue, the properties are comprised of eleven (11) residential units and five (5) commercial spaces across 11,572 square feet.

All three properties are meticulously maintained, and residents enjoy modern features including keyless entry fobs and intercom systems. The residential units, which are comprised of 5 studios and 6 one-bedrooms, are fully FM and are achieving very strong rents, with the average in place rent reaching $97/SF across the three properties. The retail tenant roster, includes Springbone Kitchen (1429 Third Avenue ground floor), Spa Niobe (1012 Lexington ground & second floor), Grace Deli (1018 Lexington ground floor), and Wo’s Bespoke Clothier (1018 Lexington second floor). With a combined 50 feet of frontage along these high-traffic corridors, the commercial units benefit from significant visibility and activity.

These Properties, available as a package or individually, offer investors a unique opportunity to acquire turnkey cash-flowing assets in one of New York City’s most desirable locales. Collectively, the three properties offer approximately 23,903 square feet of unused air rights, providing investors with meaningful long-term development flexibility.

 

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Highlights

  • 100% occupancy with strong rents across all buildings. Residential units are all thoughtfully renovated and FM
  • 11 FM residential units and 5 retial units across 11,572 SF
  • All three buildings are within a seven-block radius
  • Total remaining air rights for the three buildings is approximately 23,903 SF

Contacts

broker
Mitchell Levine

Avison Young - US - NY - New York

broker
Brent Glodowski

Avison Young - US - NY - New York

broker
Eric Karmitz

Avison Young - US - NY - New York

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Yorkville
  • Zip Code 10021
  • Market Manhattan

Points of Interest

  • 83rd Street & 2nd Avenue at Northeast Corner

    0.18 miles

  • East 77th Street & Lexington Avenue at Northeast Corner

    0.22 miles

  • 77th Street

    0.23 miles

  • East 77th Street & Lexington Avenue at Northwest Corner

    0.23 miles

  • East 77th Street & Lexington Avenue at Southeast Corner

    0.23 miles

  • East 77th Street & Lexington Avenue at Southwest Corner

    0.23 miles

  • East 86th Street & Lexington Avenue at Southeast Corner

    0.28 miles

  • East 86th Street & Lexington Avenue at Southwest Corner

    0.29 miles

  • 86th Street & 2nd Avenue at Southeast Corner

    0.29 miles

  • East 86th Street & Lexington Avenue at Northeast Corner

    0.29 miles

  • ChargePoint

    0.18 miles

  • plugNYC

    0.63 miles

  • Shell

    0.79 miles

  • FLO

    1.27 miles

  • Mobil

    1.28 miles

  • Tesla Supercharger

    1.33 miles

  • Citgo

    1.46 miles

  • BP

    1.48 miles

  • Atlantic

    1.57 miles

  • Sunoco

    1.72 miles

  • Quik Park

    0.36 miles

  • Surrey Garage

    0.40 miles

  • iClean

    0.42 miles

  • Metropolitan Museum

    0.43 miles

  • Knickerbocker Plaza Car Park

    0.56 miles

  • Loeb Boathouse Parking Lot

    0.63 miles

  • Astor Terrace Parking Garage

    0.65 miles

  • Motorgate Public Parking Garage

    0.88 miles

  • Mount Sinai

    0.93 miles

  • MPG

    0.96 miles

  • The Franklin

    0.32 miles

  • The Carlyle

    0.35 miles

  • The Mark

    0.37 miles

  • The Surrey

    0.42 miles

  • Ronald McDonald House New York

    0.49 miles

  • Courtyard

    0.63 miles

  • The Gardens Sonesta ES Suites

    0.84 miles

  • Plaza Athénée

    0.87 miles

  • Lowell Hotel

    0.96 miles

  • The Palladin

    0.97 miles

  • Flex Mussels

    0.01 miles

  • Eli's Table

    0.03 miles

  • Emmy Squared–Upper East Side

    0.03 miles

  • Pig Heaven

    0.03 miles

  • Antonucci Cafe

    0.04 miles

  • Al Vaporetto

    0.05 miles

  • Amber

    0.05 miles

  • parma Nuova

    0.06 miles

  • Due

    0.07 miles

  • Toloache

    0.08 miles

  • Public School 290

    0.17 miles

  • Public School 190

    0.18 miles

  • Allen-Stevenson School

    0.21 miles

  • Birch Wathen Lenox School

    0.21 miles

  • Ramaz School

    0.25 miles

  • Public School 37

    0.27 miles

  • Ramaz Upper School

    0.30 miles

  • Saint Stephen of Hungary School

    0.31 miles

  • Regis High School

    0.34 miles

  • Rudolf Steiner School

    0.36 miles

  • Manhattan Schoolhouse

    0.13 miles

  • Arc En Ciel

    0.60 miles

  • Playhouse Prep

    0.81 miles

  • Preschool of America

    0.82 miles

  • Sunshine Learning Center

    1.04 miles

  • Columbus Pre-School

    1.20 miles

  • Friends & Family Daycare

    1.24 miles

  • New York Kids Club

    1.34 miles

  • All My Children Daycare

    1.38 miles

  • Bright Horizons

    1.38 miles

Frequently Asked Questions

How much does Upper East Side Mixed-Use Portfolio cost?

The space currently listed for sale at Upper East Side Mixed-Use Portfolio asks for $13,900,000.

What is the total square footage of Upper East Side Mixed-Use Portfolio?

Upper East Side Mixed-Use Portfolio totals 11,572 square feet.

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