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For Sale | Mixed-Use Investment Buildings , Mixed-Use User Buildings Available

398 Third Avenue, New York, NY 10016

398 Third Avenue, New York, New York, 10016
New York, NY 10016
United States
Inquire About This Property
Building Size:
SF
Sale Price:
11500000 USD
Lot Size
2,963 SF/.07 Acres
Year Built:
1900
Cushman & Wakefield has been exclusively retained to arrange for the sale of this nearly 25’ wide, 5-story, 12,335 square foot mixed-use building. The subject property is on the west side of Third Avenue between East 28th and 29th Streets in Manhattan’s Kips Bay neighborhood.

The building consists of a retail liquor store that could be delivered vacant for an operator or ownership can execute a long-term market rate lease with the buyer of his business which would be beneficial to any investor. Above the retail are 16 residential, one-bedroom apartments (9 FM, 6 RS, and 1 RC).

Kips Bay is an empire of healthcare dominated by NYU Langone Medical Center with many popular restaurants, bars, and shopping all within several blocks of the 28th Street Subway Station with access to the train. This asset provides a great opportunity for an investor or user. The liquor store business is available for
sale along with its over $1.2 million of inventory.

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