Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

For Sale | Mixed-Use Investment Buildings Available

440 Third Avenue, New York, NY 10016

440 Third Avenue, New York, New York, 10016
New York, NY 10016
United States
Inquire About This Property
Building Size:
8,108 SF
Available Space:
8,108 SF
Sale Price:
9250000 USD
Price Per Unit:
1,140.85 / USD
Lot Size
2,339 SF/.05 Acres
Year Built:
Cushman & Wakefield is pleased to offer, for the first time in over 28 years, a unique investment opportunity with tremendous future redevelopment potential in 440 Third Avenue. 440 Third Avenue is located on the West side of Third Avenue between East 30th and 31st Streets, and contains two separate buildings with 13 apartments, 1 retail store and a total gross square footage of ±8,108.

The oversized irregularly shaped ±2,339 SF lot has a front building that is 22’ x 70’ and approximately 4,412 SF and a rear building that is 33’ x 28’ and approximately 3,696 SF. The front building contains excellent ground floor retail space which is leased to Craft & Carry, a red-hot beer concept with 7 Manhattan locations, until September 2031. Above the retail are 6 one-bedroom apartments, of which 3 are rent stabilized and the remaining fair market. The rear building contains 7 studio apartments, of which 3 are rent stabilized and the remaining fair market.

The property’s unique oversized lot becomes 30’ wide in the rear and provides a boost in air rights making 440 Third Avenue a future ± 24,000 SF development site on its own. With a plethora of development rights still intact on neighboring properties there is the potential for assembling a site capable of over 125,000 buildable SF.

The sale of 440 Third Avenue offers an investor the opportunity to take advantage of immediate upside by repositioning the common spaces and 7 fair market units currently

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All