Multifamily
69 Avenue C
69 Avenue C, New York, NY 10009
Listing Price: $3,500,000
Investment Overview
4-unit, mixed-use, corner property spanning 3,840 SF. The property has been owned by the same family for over 20+ years. With a prime corner location and 4,795 SF of air rights, the prospective investor or developer can demolish the existing structure and build condominiums or, alternatively, add floors to the existing structure to increase cash flow. Additionally, the property is located in a qualified opportunity zone allowing eligibility for preferential tax treatment. The approximately 2,160 SF retail space is owner occupied and will be delivered vacant, allowing the prospective investor or user to reposition the retail space to increase cash flow.
Investment Highlights
- 100% free market with immediate rental upside given the short term leases
- 114 feet of wraparound frontage
- 4,795 square feet of air rights
Exclusively Listed By
Listing Price: $3,500,000
Investment Highlights
- 100% free market with immediate rental upside given the short term leases
- 114 feet of wraparound frontage
- 4,795 square feet of air rights
Investment Overview
4-unit, mixed-use, corner property spanning 3,840 SF. The property has been owned by the same family for over 20+ years. With a prime corner location and 4,795 SF of air rights, the prospective investor or developer can demolish the existing structure and build condominiums or, alternatively, add floors to the existing structure to increase cash flow. Additionally, the property is located in a qualified opportunity zone allowing eligibility for preferential tax treatment. The approximately 2,160 SF retail space is owner occupied and will be delivered vacant, allowing the prospective investor or user to reposition the retail space to increase cash flow.
Exclusively Listed By

