1129 Lexington Avenue, New York, NY 10075

Upper East Side, New York, New York 10075

$8,250,000  

Listing ID Number

25084

Property Description

Cushman and Wakefield has been retained on an exclusive basis to assist in the sale of 1129 Lexington Avenue, a 4 story mixed-use building located on the East side of Lexington Avenue between East 78th Street and East 79th Street. The Property is configured as a vacant retail store on the ground floor, a free market duplex that occupies the entire 2nd and 3rd floors with an outdoor patio area, and a fair market floor-through unit on the 4th floor.

The building is in very close proximity to a multitude of new residential developments, Lenox Hill Hospital, and a block away from the 6 train that has an entrance on East 77th Street. Due to the retail being delivered vacant the building lends itself to a live work user investment opportunity.

Overview

Building Type:Apartment Buildings, Commercial Buildings, Live Plus Income Buildings, Mixed-Use Investment Buildings, Mixed-Use User Buildings

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Thomas D. Gammino Jr.
Executive Managing Director
(212) 660 7727
tom.gammino@cushwake.com

Brett Weisblum
Director
(212) 660 7784
brett.weisblum@cushwake.com

John F. Ciraulo
Vice Chairman
(212) 660 7700
john.ciraulo@cushwake.com

Lou Magarelli

2123078167
Lou.Magarelli@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.