Multifamily
575 Second Avenue
575 2nd Ave, New York, NY 10016
Listing Price: $3,300,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale 575 Second Avenue, a well-located mixed-use asset in the heart of Kips Bay. Situated on the west side of Second Avenue between East 31st and 32nd Street, the property consists of seven units across approximately 3,600 square feet. It sits on a 16.42’ x 100’ lot (Block: 912, Lot: 35) and is built 16’ x 49’. The zoning is C1-8A.?
575 Second Avenue
Investment Highlights
- 575 Second Avenue is a four-story building is comprised of six studio apartments positioned above a 1,300-square-foot retail space, and offers an additional 9,735 square feet of unused air rights.?
- Three of the six apartments are free market, with clear potential for rent growth.
- Positioned directly across the street from the AMC Kips Bay 15 and Fairway grocery store, this highly trafficked corridor offers exceptional visibility and tenant appeal.
Exclusively Listed By
Financing By
Listing Price: $3,300,000
Investment Highlights
- 575 Second Avenue is a four-story building is comprised of six studio apartments positioned above a 1,300-square-foot retail space, and offers an additional 9,735 square feet of unused air rights.?
- Three of the six apartments are free market, with clear potential for rent growth.
- Positioned directly across the street from the AMC Kips Bay 15 and Fairway grocery store, this highly trafficked corridor offers exceptional visibility and tenant appeal.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale 575 Second Avenue, a well-located mixed-use asset in the heart of Kips Bay. Situated on the west side of Second Avenue between East 31st and 32nd Street, the property consists of seven units across approximately 3,600 square feet. It sits on a 16.42’ x 100’ lot (Block: 912, Lot: 35) and is built 16’ x 49’. The zoning is C1-8A.?
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.