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For Sale 845 Second Avenue Retail Condo Sponsor Unit

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For Sale 845 Second Avenue Retail Condo Sponsor Unit PRESENTS. FOR SALE 845 SECOND AVENUE RETAIL CONDO SPONSOR UNIT CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC 845 SECOND AVENUE This unique Mid-Town East property offers the purchaser RETAIL several exciting possibilities. The existing ground floor retail INVESTMENT condo can be delivered VACANT with additional air-rights OFFERING 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. SALES PRICE $3,700,000 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 845 SECOND AVENUE RETAIL METRICS 3,016 1 TOTAL SQUARE FEET TOTAL UNITS INCLUDING BASEMENT $1,243 $59,583 PRICE /SF PROJECTED TAXES 3.92% C1-9/TA CAP RATE ZONING 17.5' 7,816 FRONTAGE AVAILABLE AIR RIGHTS (fees apply) 1319/1201 25 X100 BLOCK/LOT LOT DIMENSIONS CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC 845 SECOND AVENUE UNIT RETAIL Retail PROJECTED INCOME TYPE 15% Common Interest GROSS SQUARE FOOT 1,916 USE Any Use PROJECTED RENT $PSF $115.00 RENT $18,361 / $220,340 PROJECTED EXPENSES COMMON CHARGES: $1,087.70 / $13,052.40 TAXES: $4,965.25 / $59,583 ESTIMATED CAP RATE INSURANCE: $208.33 / $2,500 3.92% 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 BOROUGH 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 NEIGHBORING STREET BUSINESSES CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC NEIGHBORING STREET BUSINESSES E 64TH ST E 64TH ST CENTRAL E 63RD ST PARK E 62ND ST 3RD AVE YORK AVE YORK E 61ST ST 5TH AVE E 60TH ST E 60TH ST QUEENSBORO BRIDGE E 59TH ST W 58TH ST E 58TH ST E 58TH ST W 57TH ST E 57TH ST E 56TH ST E 56TH ST SUTTON PLACE SUTTON E 55TH ST W 54TH ST E 54TH ST E 54TH ST LEXINGTON AVE LEXINGTON E 53RD ST MADISON AVE FDR DR 10 MIN WALK 5 MIN WALK E 52TH ST 1ST AVE 1ST W 51ST ST E 51ST ST E 50TH ST AVE OF THE AMERICAS AVE E 49TH ST 2ND AVE PARK AVE PARK W 48TH ST E 48TH ST W 47TH ST E 47TH ST E 46TH ST THE 3RD AVE UNITED NATIONS W 45TH ST E 45TH ST X MIDTOWN E 44TH ST EAST TIMES GRAND RIVER E 43RD ST SQUARE CENTRAL E 42ND ST QUEENS-MIDTOWN TUNNEL BRYANT E 41ST ST PARK TUDOR CITY PLACE E 40TH ST E 39TH ST TUNNEL EXIT ST E 38TH ST 6TH AVE E 37TH ST TUNNEL APPROACH ST TUNNEL APPROACH 5TH AVE E 36TH ST MURRAY HILL E 35TH ST E 34TH ST CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC Food / Dining Hotels Organizations The Four Seasons The Four Seasons Japan Society Smith & Wollensky W New York Turkish Center Sparks Steak House InterContinental New York U.S. Foreign Missions Le Cirque The Westin New York Germany House Deux Amis Waldorf Astoria Hotel U.S. Post Ofce Sushi Yasuda The Roosevelt Hotel Ford Foundation The Smith Millennium ONE UN New York Landmarks Il Postino Shopping Dag Hammarskjold Plaza Megu Modern Japanese Brooks Brothers The Trump World Tower Starbucks Barney’s Empire State Building Attractions Bloomingdale’s The Chrysler Building Museum of Modern Art Saks Fifth Avenue Rockefeller Center New York Public Library Apple Store St. Patrick’s Cathedral Whole Foods MTA Subway Station CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC CONTACT US Eduard Zaytsev Director of Sales and Leasing Camelot Realty Group 3 West 30th Street, 5th, Floor New York, NY 10001 (646) 472-6790 [email protected] www.camelot.nyc CAMELOT REALTY GROUP | 3 WEST 30TH STREET, 5TH FLOOR NEW YORK, NY 10001 | (212) 206-9939 | WWW.CAMELOT.NYC.
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