Skip to main content

Multifamily

1750-1752 Second Avenue

1750 2nd Ave, New York, NY 10128

Listing Price: $16,500,000

Cap Rate
5.80%
Number of Units
20
GRM
19.58
Price/Unit
$825,000
Price/Gross SF
$1,094.89
Gross SF
15,070

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale 1750 Second Avenue and 1752 Second Avenue, located in the Yorkville neighborhood. Located on the East side of Second Avenue between East 91st Street and East 92nd Street, these two adjacent mixed-use buildings include 20-units comprised of approximately 15,070 square feet with 50’ of frontage. These properties sit on a 50’x80’ lot (Block: 1554 and Lot: 2 & 3) and are built 65’ deep. The properties are zoned C2-8 and do not come with available air rights. ?

?

Investment Highlights

  • These 5-story adjacent mixed-use buildings feature 50 feet of frontage on Second Avenue and contain 16 residential apartments and 4 commercial units.
  • The apartments feature plank hardwood flooring, exposed brick, renovated kitchens with all custom cabinetry, condo-like finishes, dishwasher, renovated bathrooms, and in-unit washer and dryer.?
  • This building is across the street from Ruppert Park, steps away from a variety highly trafficked retail / restaurants, schools, nearby train and bus transportation, and Central Park. ?

Exclusively Listed By

Financing By

Multifamily

1750-1752 Second Avenue

Listing Price: $16,500,000

Cap Rate
5.80%
Number of Units
20
GRM
19.58
Price/Unit
$825,000
Price/Gross SF
$1,094.89
Gross SF
15,070

Investment Highlights

  • These 5-story adjacent mixed-use buildings feature 50 feet of frontage on Second Avenue and contain 16 residential apartments and 4 commercial units.
  • The apartments feature plank hardwood flooring, exposed brick, renovated kitchens with all custom cabinetry, condo-like finishes, dishwasher, renovated bathrooms, and in-unit washer and dryer.?
  • This building is across the street from Ruppert Park, steps away from a variety highly trafficked retail / restaurants, schools, nearby train and bus transportation, and Central Park. ?

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale 1750 Second Avenue and 1752 Second Avenue, located in the Yorkville neighborhood. Located on the East side of Second Avenue between East 91st Street and East 92nd Street, these two adjacent mixed-use buildings include 20-units comprised of approximately 15,070 square feet with 50’ of frontage. These properties sit on a 50’x80’ lot (Block: 1554 and Lot: 2 & 3) and are built 65’ deep. The properties are zoned C2-8 and do not come with available air rights. ? ?

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower