Price Drop
$ 7,999,000
[5.89%]
[$ -501,000]
Active
Status
19
Rooms
11
Bedrooms
4
Bathrooms
$ 5,909
Real Estate Taxes
[Monthly]
Description
Corner mixed use building for sale with commercial frontage on 2nd Avenue and 4 free market residential Units. Complete facade work was just finished in the end of 2025.
3 - 3 bedrooms and 1 - 2 bedroom, that can be converted into a 3 bedroom.
(apartments feature W/D in unit & dishwasher, steam heat, double exposure and solid light)
2 commercial spaces, with main fronting 2nd avenue. The 2nd Avenue corridor hosts high levels of foot traffic during all hours as the area hosts residential, nightlife and retail density. Repositioning of the space offers a big upside for new owner.
Good upside to rent roll as current rents are below market and leases coming due soon on 3 units in 2026. Offering a variety of options from just increasing rents as is to minor upgrades to add more to the rent roll providing asymmetric revenue to expenses.
Borough: Manhattan
Block: 447
Lot: 8
BBL: 1004470008
ZIP: 10003
Lot Area: 1,272 sf
Lot Frontage: 24.25'
Lot Depth: 53.08'
Number of Buildings: 1
Number of Floors: 5
Gross Floor Area: 6,440 sf (estimated)
Residential Units: 4
Total Units: 6
Land Use: Mixed Residential & Commercial Buildings
Corner mixed use building for sale with commercial frontage on 2nd Avenue and 4 free market residential Units. Complete facade work was just finished in the end of 2025.
3 - 3 bedrooms and 1 - 2 bedroom, that can be converted into a 3 bedroom.
(apartments feature W/D in unit & dishwasher, steam heat, double exposure and solid light)
2 commercial spaces, with main fronting 2nd avenue. The 2nd Avenue corridor hosts high levels of foot traffic during all hours as the area hosts residential, nightlife and retail density. Repositioning of the space offers a big upside for new owner.
Good upside to rent roll as current rents are below market and leases coming due soon on 3 units in 2026. Offering a variety of options from just increasing rents as is to minor upgrades to add more to the rent roll providing asymmetric revenue to expenses.
Borough: Manhattan
Block: 447
Lot: 8
BBL: 1004470008
ZIP: 10003
Lot Area: 1,272 sf
Lot Frontage: 24.25'
Lot Depth: 53.08'
Number of Buildings: 1
Number of Floors: 5
Gross Floor Area: 6,440 sf (estimated)
Residential Units: 4
Total Units: 6
Land Use: Mixed Residential & Commercial Buildings
Listing Courtesy of Demsker Realty
Features
A/C
Washer / Dryer
View / Exposure
City Views
North, West Exposures
Building Details
Rental Property
Ownership
Low-Rise
Building Type
Voice Intercom
Service Level
Walk-up
Access
Pets Allowed
Pet Policy
447/8
Block/Lot
Pre-War
Age
5/4
Floors/Apts
Building Amenities
Non-Smoking Building
Contact
Michael Segerman
License
Licensed As: Michael Segerman
Principal
Mortgage Calculator
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 103294TH
