
1760 2nd Avenue, New York, NY
100% Leased, Multi-Tenanted, Retail Condominiums
Marketing description
Marshall Real Estate LLC (“MRE”) has been exclusively retained to offer for sale the 100% fee simple interest in the Retail Condominium Units located at 1760 2nd Avenue on the Upper East Side of Manhattan. Positioned along one of the neighborhood’s primary commercial corridors, the
property benefits from exceptional pedestrian traffic, affluent demographics, and a dense residential
population that supports long-term retail demand.
The North Store is leased to Oculist, a well established eye care and optical provider, through February 2033. The tenancy provides stable income from a necessity-based retail use that serves the surrounding residential community and benefits from recurring customer demand. The South Store is leased to Four Seasons Spa through April 2034. The spa’s long-term commitment reflects the strength of the location and provides investors with secure income from a service-oriented tenant that is integrated into the neighborhood’s daily consumer base.
Located in the heart of the Upper East Side, 1760 Second Avenue is surrounded by luxury residential buildings, institutional employers, healthcare facilities, and a broad range of neighborhood retail. The property enjoys convenient access to public transportation, including the Second Avenue Subway, enhancing accessibility for residents, employees, and visitors.
The Upper East Side remains one of Manhattan’s most desirable residential neighborhoods, characterized by high household incomes, strong consumer spending patterns, and historically resilient retail demand. These market fundamentals support long-term occupancy and rent growth, making the property an attractive investment opportunity for investors seeking stable income backed by a premier New York City location.
Investment highlights
• 100% leased to quality neighborhood retailers
• 40’ of total frontage along 2nd Avenue
• Glass storefronts with dedicated signage
• No tenancy use restrictions, as per Offering Plan & By-Laws
• 7.76 Years of WALT
• Landlord recoveries on both RE Taxes & CAM Charges
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