Multi-family

Introducing 212 E 52nd Street, New York, NY 10022—a prime investment opportunity in Midtown Manhattan. This 3-Star retail storefront building offers 6,400 sq. ft. of versatile space, perfect for businesses looking to establish a presence in one of New York City’s most desirable commercial areas.

Property Overview:

• Address: 212 E 52nd Street, New York, NY 10022
• For Sale Price: $6,950,000 ($1,085.94/SF)
• Sale Type: Investment
• Property Type: 3-Star Retail Storefront / Retail/Office
• Location: Central Business District (CBD)
• Gross Leasable Area (GLA): 6,400 sq. ft.
• Stories: 4
• Typical Floor: 1,600 sq. ft.
• Class: C
• Building Height: 49′
• Ceiling Height: 49′
• Construction: Masonry

Key Features:

• Prime Midtown Location: Positioned in the heart of the Central Business District (CBD), this retail/storefront property is situated in one of Manhattan’s most high-traffic and sought-after neighborhoods. The area is well-served by public transportation, making it an ideal location for businesses seeking excellent visibility and accessibility.
• Versatile Space for Retail or Office Use: With a total GLA of 6,400 sq. ft. spread over four stories, this property offers flexible space that can be used for a range of business purposes. The typical floor of 1,600 sq. ft. provides adaptable layouts that can be customized to suit retail or office tenants. The building’s height and spacious ceilings also contribute to its appeal for businesses needing an open and inviting environment.
• Investment Potential: Priced at $6,950,000, or $1,085.94 per square foot, this property presents a valuable investment opportunity. The property’s strategic location and versatile design make it ideal for attracting tenants looking to establish themselves in Midtown, ensuring potential for strong rental income and long-term appreciation.
• Class C Building with High Visibility: While this building is classified as Class C, its position in the CBD and ample square footage makes it a competitive option for retail or office use. Its masonry construction and height (49’) offer durability and a prominent presence in the neighborhood.

Conclusion:

212 E 52nd Street offers an excellent investment opportunity for those looking to acquire a retail/storefront property in the heart of Midtown Manhattan. With its prime location, adaptable space, and competitive price, this property is ideal for businesses seeking a high-traffic, visible location or investors looking for a valuable asset in a rapidly growing commercial area. Don’t miss out on this exceptional opportunity to own property in one of New York City’s most dynamic districts.