525 E 80th St - Upper East Side/Yorkville Garage For Sale 10,470 SF Specialty Building Offered For Sale in New York, NY 10075

Purchase of a garage condominium unit (52 permitted occupancy) that is at the base of a residential condo; robust garage in a robust market; purchase includes NYS AG-approved and transferable license sales plan (similar to selling individual parking space condos) of up to 49 licenses with a forecasted $11 mil sell-out; no other garage offering in NYC has these three revenue streams: monthlies, dailies and license sales; cancellable management agreement; high parking demand, low parking supply neighborhood; neighborhood garages are over subscribed with monthlies; can stuff up to 73 cars; garage has up to 54 monthlies and up to 32 weekday transients.