220-226 East 53rd Street
- Fully Occupied Mixed-Use Portfolio
- Prime Midtown East Location
- Significant Mark-to-Market Opportunity with 96% FM Units
- Stable Commercial Tenancy with a 3.5 Year WALT
- Scale of Acquisition
- Attractive Unit Mix
Property Description
Avison Young, as exclusive agent, is pleased to offer for sale 220-226 East 53rd Street (the “Portfolio”), a rare opportunity to acquire a fully occupied mixed-use asset comprised of four contiguous buildings in the heart of Midtown East. Located on the South side of East 53rd Street between 2nd and 3rd Avenues, the Portfolio features a diverse blend of street-level retail, commercial space, and predominantly free-market residential apartments. Providing investors with stable in-place cash flow, long-term income durability, and significant embedded upside through future rent growth.
Broker Details
Avison Young - US - NY - New York (212) 230-5948
Broker Details
Avison Young - US - NY - New York 908 392 0109
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $21,500,000 |
| Lot Size: | 27,900.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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