Multi-family

High-Exposure Retail Investment in the Heart of Midtown Manhattan
Located at 725 8th Avenue, this prime retail storefront offers a unique investment opportunity in one of New York City’s busiest commercial corridors. With its generous size, high ceiling height, and strategic location, this property is an exceptional choice for investors seeking a prime retail asset in Midtown Manhattan.

Property Overview:

• Address: 725 8th Avenue, New York, NY 10036
• Asking Price: $12,000,000
• Sale Type: Investment
• Property Type: 2-Star Retail Storefront
• Location: Central Business District (CBD)
• Gross Leasable Area (GLA): 6,000 sq. ft.
• Stories: 3
• Typical Floor Area: 2,000 sq. ft.
• Class: B
• Construction Type: Masonry
• Ceiling Height: 18’3″
• Docks: None

Key Features:

Prime Midtown Location:
725 8th Avenue is ideally situated in the heart of Midtown Manhattan, one of the city’s most high-traffic and bustling areas. With close proximity to Times Square, Broadway, and major transportation hubs, this location attracts millions of visitors and commuters every year. This unparalleled foot traffic ensures strong demand for retail tenants and makes this property a highly desirable asset in a competitive market.

Expansive and Flexible Space:
The property spans 6,000 sq. ft. of gross leasable area across three stories, with each floor offering 2,000 sq. ft. of open, flexible space. The high ceilings (18’3″) on the ground floor further enhance the property’s appeal, providing an attractive environment for retail use, art galleries, showrooms, or other high-end commercial ventures.

Class B Building with Masonry Construction:
725 8th Avenue is a Class B building with durable masonry construction, offering long-term reliability and structural integrity. This type of construction is ideal for a retail property in a dense urban environment, ensuring the building remains resilient to wear and tear.

High Visibility and Exposure:
The property’s large storefront windows and prime location on 8th Avenue guarantee maximum visibility and exposure for any business. The large floor plates, combined with the generous ceiling height, create an ideal space for attracting prominent retail tenants or showcasing major brands.

Conclusion:
725 8th Avenue presents a unique and lucrative investment opportunity in the heart of Midtown Manhattan. With its prime location, expansive and flexible retail space, and high ceilings, this property offers exceptional potential for a wide variety of commercial uses. Whether you’re an investor looking for a strong income-producing asset or seeking a high-visibility retail location in one of the city’s most vibrant districts, this property offers a rare opportunity to capitalize on the thriving Midtown market.