Multi-family

Investment Opportunity – Prime Storefront Retail/Residential in NYC

Address: 132 1st Ave, New York, NY, 10009
Price: $9,250,000 ($1,557.24/SF)
Cap Rate: 4.48%

This 5-story masonry building, located in the heart of Manhattan’s Central Business District (CBD), presents a lucrative investment opportunity. Combining storefront retail and residential units, it is well-positioned to deliver stable income and long-term appreciation.

Property Details

• Type: 2 Star Storefront Retail/Residential
• Gross Leasable Area (GLA): 5,940 SF
• Typical Floor Size: 1,188 SF
• Construction: Masonry
• Class: C

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