1968 Second Ave | New York, NY 10029
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1968 Second Ave
New York, NY 10029
Retail Property For Sale
Investment Highlights
- The building has 43,175 total unused FAR making it an ideal space for developers.
- Near many public transit stops including several 2nd Avenue bus stations and only 0.5 mile from 103rd Street Subway station.
Executive Summary
Investment Highlights
- 21,520 square feet
- 2 floors of commercial space
- Located on the corner of 2nd Avenue and East 101st Street
- Excellent Location for a diverse range of businesses
Executive Summary
Prime commercial space with potential for serious development. This two-floor building currently houses a supermarket on the ground level and includes an additional second floor. At 21,520 square feet, the space can easily be transformed to suit several different businesses. The building has 43,175 total unused FAR making it an ideal space for developers. Conveniently located on the corner of 2nd Avenue and East 101st Street in East Harlem. Near many public transit stops including several 2nd Avenue bus stations and only 0.5 mile from 103rd Street Subway station.
- 21,520 square feet
- 2 floors of commercial space
- Located on the corner of 2nd Avenue and East 101st Street
- Excellent Location for a diverse range of businesses
Executive Summary
Prime commercial space with potential for serious development. This two-floor building currently houses a supermarket on the ground level and includes an additional second floor. At 21,520 square feet, the space can easily be transformed to suit several different businesses. The building has 43,175 total unused FAR making it an ideal space for developers. Conveniently located on the corner of 2nd Avenue and East 101st Street in East Harlem. Near many public transit stops including several 2nd Avenue bus stations and only 0.5 mile from 103rd Street Subway station.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,000 SF
Building Class
B
Year Built
1994
Price
$49,813,398 CAD
Price Per SF
$2,372 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.88
Lot Size
0.26 AC
Zoning
R7-2, New York, (K2) - Medium-density apartment house district with lower parking requirements
Frontage
93 ft on 2nd Avenue
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Metro/Subway
- Security System
- Signage
- Signalized Intersection
- Skylights
- Roof Terrace
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 1673-0001 | Improvements Assessment | $3,714,327 CAD |
| Land Assessment | $408,783 CAD | Total Assessment | $4,123,110 CAD |
PROPERTY TAXES
Parcel Number
1673-0001
Land Assessment
$408,783 CAD
Improvements Assessment
$3,714,327 CAD
Total Assessment
$4,123,110 CAD
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