714 & 720 Lexington Avenue
- Prime Lexington Avenue frontage
- 100% leased
- Stable, long-term cash flow
- High-visibility corner
- Transit-rich location
- Proven retail corridor
Property Description
Avison Young, as exclusive agent, is pleased to offer for sale 714 and 720 Lexington Avenue (the “Properties”), an unprecedented flagship retail opportunity along one of the world’s premier retail corridors. The two four-story buildings feature four fully occupied retail spaces with exceptional visibility, including prominent mid-block frontage and a highly desirable wraparound corner presence. Positioned along one of Lexington Avenue’s most active retail stretches, the Properties benefit from consistent pedestrian traffic, strong co-tenancy, and proximity to major transit hubs, making it a rare opportunity for investors seeking long-term value along a core Manhattan thoroughfare.The portfolio is made up of two buildings spanning a total of 11,107± square feet. The northern property (720 Lexington Avenue) totals 5,456± square feet across four floors, while the southern property (714 Lexington Avenue) spans 5,650± square feet. The Property’s benefit from long-term leases and well-known tenants. At 714, current occupants include Sen Beauty (lease through 2029), Goju Karate Dojo (lease through 2035), and Pollo Campero (lease through 2032). At 720, Aerie is leased through 2027; the building also generates steady income from a T-Mobile rooftop antenna.
Broker Details
Avison Young - US - NY - New York 202 246 4123
Broker Details
Avison Young - US - NY - New York (212) 230-5948
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $17,500,000 |
| Lot Size: | 11,106.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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