45-47 Second Avenue — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: New York, NY 10003

Investment Figures

Cap rate
5.80%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap proudly presents 45-47 Second Avenue, a remarkable investment opportunity in the heart of the East Village. Positioned on a pristine block located between East 2nd and East 3rd Streets, this building boasts 11 units and spans an approximate area of 12,000 square feet. The building is 44’ x 60’ and sits on a 44’ x 100’ lot (Block: 458, Lot: 27). The property is zoned C6-2A. Investment Highlights: • 45-47 Second Avenue, built in 1900, is an 11-unit mixed-use building, spanning 4 stories, approx. 12,000 SF • Tax Class Protected: 2B | Zoning: C6-2A | High End Finishes • This property is conveniently located steps from the F train at Second Avenue, with additional access to the 6, B, D, N, R, & Q lines at nearby stations.

Market Context

This mixed use in New York, NY is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 86 days. Compare it against other mixed use listings for sale in New York, NY — view the full market.

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