980 First Avenue - Turtle Bay/Sutton Place NYC
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
Vibrant and robust neighborhood of wealthy residents with a high proclivity to spend beyond the national average on retail goods and services. Rare chance to own rather than rent. Divisible. Multiple entrances.
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