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PRESENTS.845 SECOND AVENUE
RETAILCONDO
SPONSORUNIT
FOR SALE
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
845 SECOND AVENUE RETAIL
INVESTMENT OFFERING
SALES PRICE$3,700,000
This unique Mid-Town East property offers the purchaser several exciting possibilities. The existing ground floor retail condo can be delivered VACANT with additional air-rights purchased from the seller. The seller was also part of the original Sponsor Group of this condo building and holds a permanent seat on the board. This permanent seat is transferred to the new purchaser.
The space also comes with no restrictions on use and has additional storage in a finished basement level. This is a great opportunity for a user or investor looking for prime retail space in Mid-Town East on 2nd Avenue.The space is currently being rented to a hardware store in which the seller once owner of the business can deliver the space vacant upon closing.
845 Second Avenue is a 10-story mix-use elevator condominium located in the heart of Mid-Town East. Nearby landmarks include; United Nations, Grand Central Terminal, FDR Highway, The Palm and Palm II amongst other Second Avenue favorites.
Common charges have stayed the same in this building since its inception as condo in 2006. Taxes have stayed relatively the same since turning condo, and there are no assessments actively in the building. Heavy foot traffic and prime visible frontage for a business types.
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
1TOTAL UNITS
$1,243PRICE /SF
3.92%CAP RATE
17.5'FRONTAGE
3,016TOTAL SQUARE FEET INCLUDING BASEMENT
$59,583PROJECTED TAXES
C1-9/TAZONING
7,816AVAILABLE AIR RIGHTS ( fees apply )
1319/1201BLOCK/LOT
25 X100LOT DIMENSIONS
845 SECOND AVENUE RETAIL
METRICS
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
845 SECOND AVENUE RETAIL
PROJECTEDINCOME
ESTIMATED CAP RATE3.92%
UNITRetail
TYPE
15% Common Interest
GROSS SQUARE FOOT
1,916USEAny Use
PROJECTED RENT $PSF$115.00
RENT$18,361 / $220,340
$1,087.70 / $13,052.40$4,965.25 / $59,583
PROJECTED EXPENSES COMMON CHARGES: TAXES: INSURANCE: $208.33 / $2,500
PROJECTED NET INCOME$12,100.38 / $145,204.60
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
B O R O U G H
Manhattan is a significant part of a much larger population system; the New York City metropolitan area is the largest in the United States, with more than 19 million inhabitants in three states.
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
N E I G H B O R I N G S T R E E T B U S I N E S S E S
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
THEUNITED
NATIONS
E 64TH ST
E 62ND ST
E 60TH ST
E 58TH STW 58TH ST
E 56TH ST
E 54TH STW 54TH ST
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E 50TH ST
E 48TH ST
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E 49TH ST
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TUN
NEL
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TUD
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LAC
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E 51ST STW 51ST ST
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SUTT
ON
PLA
CE
YOR
K AV
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E 54TH ST
E 61ST ST
E 59TH ST
E 57TH ST
QUEENSBORO BRIDGE
QUEENS-MIDTOWN TUNNEL
W 57TH ST
E 42ND ST
E 34TH ST
1ST
AVE
2ND
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TON
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6TH
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F TH
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10 MIN WALK 5 MIN WALK
BRYANTPARK
TIMESSQUARE
MIDTOWN EASTRIVER
MURRAY HILL
CENTRALPARK
GRANDCENTRAL
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
X
N E I G H B O R I N G S T R E E T B U S I N E S S E S
The Trump World Tower
Dag Hammarskjold Plaza
Empire State Building
The Chrysler Building
Rockefeller Center
Landmarks
HotelsThe Four Seasons
W New York
InterContinental New York
The Westin New York
Waldorf Astoria Hotel
The Roosevelt Hotel
OrganizationsJapan Society
Turkish Center
U.S. Foreign Missions
Germany House
U.S. Post Office
Ford Foundation
ShoppingBrooks Brothers
Barney’s
Bloomingdale’s
Saks Fifth Avenue
Apple Store
Whole Foods
Food / DiningThe Four Seasons
Smith & Wollensky
Sparks Steak House
Le Cirque
Deux Amis
Sushi Yasuda
The Smith
Il Postino
Megu Modern Japanese
Starbucks
AttractionsMuseum of Modern Art
New York Public Library
St. Patrick’s Cathedral MTA Subway Station
Millennium ONE UN New York
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
E d u a r d Za y t s e v
Director of Sales and LeasingCamelot Realty Group3 West 30th Street, 5th, Floor New York, NY 10001(646) [email protected]
CONTACT US
CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC
