2147 2nd Avenue, New York City, NY 10029

Ripco Real Estate Has Been Retained on an Exclusive Basis to Arrange for the Sale of 2147 2nd Avenue, New York, Ny (the "Property").

The Property is a Nine Story Elevator Mixed Use Building Consisting of 16 Residential Apartments and One Ground Floor Retail Unit. The Residential Component Features a Predominantly Two Bedroom Unit Mix With in Place Rents Averaging Approximately $3,280 Per Unit, Providing Strong in Place Cash Flow With Long Term Stability.

The Ground Floor Retail Space Benefits From Prominent Frontage Along Second Avenue, a Major North South Retail Corridor Serving the East Harlem Neighborhood. The Commercial Unit Offers Future Leasing and Income Growth Potential Supported by Strong Pedestrian Traffic and Dense Surrounding Residential Demand.

Located Between East 110th and East 111th Streets, the Property is Well Positioned Within East Harlem, a Neighborhood That Continues to See Sustained Residential Demand and Investor Interest Driven by Transit Access, Neighborhood Retail, and Proximity to the Upper East Side.

2147 2nd Avenue Presents Investors With the Opportunity to Acquire a Stabilized Mixed Use Asset With Potential.