

Listed by RTL Partners, LLC
$3,720,000
980 First Avenue - Turtle Bay/Sutton Place NYC
Details
Property Type Retail
Sub Type Commercial
Square Footage 5,168
Units 220
Tenancy Vacant
Investment Type Owner/User
Ground Lease No
Ownership Condominium
Retail | 5,168 SqFt
Marketing description
980 First Avenue is a retail condominium located in the Turtle Bay/Sutton Place neighborhood of New York City, between East 53rd and 54th Streets. The property features 3,808 SF on the ground floor and 1,360 SF on the lower level, with 78 feet of frontage on First Avenue. Formerly an apartment sales gallery and previously a Starbucks, the space is delivered in vacant, core and shell condition. The property is in the base of a 220-unit residential condominium and offers an occupiable lower level, possible outdoor seating on a private plaza, and is divisible. The space includes a 15-ton HVAC system and 400 amp electrical service.
Investment highlights
- Formerly an apartment sales gallery and previously a Starbucks
- In the base of a 220-unit residential condominium
- Delivered in vacant, core and shell condition
- Occupiable lower level
- Possible outdoor seating on private plaza
- Divisible
- 15-ton HVAC system
- 400 amp electrical service
Listing Contacts


Listed by RTL Partners, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?






