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Lexington Avenue, New York, NY, Commercial Building for sale

  • $6,900,000
Lexington Ave, New York, NY, USA

Lexington Avenue, New York, NY, Commercial Building for sale

Lexington Ave, New York, NY, USA
  • $6,900,000

Description

12,274 sf,   A 39.58` wide, 5 story, approximately 12,274 sq. ft. commercial building with a manual elevator. Built in 1910, the building is located on the east side of Lexington Avenue between East 25th and East 26th Streets. The property is currently occupied by a medical supply company and used for retail sales, storage and distribution. The layout consists of the ground floor and basement used primarily for the retail sales and mail order distribution with an extension in the rear of the site having a lower and upper mezzanine area. The 2nd, 3rd, and 4th floors are built 39` x 60` having an open layout used primarily as storage space. The 5th floor which is set back 20` feet from the street is 39` x 40` and consists of a large open area. All floors are serviced by the manual elevator, have 12` ceilings (basement is 10`) and will be delivered vacant. This site is zoned C6-2A/R8A equivalent which has an FAR of 6.02 for commercial or residential. There are currently approximately 9,197 SF of available air rights. Since the property will be delivered vacant, it poses an excellent opportunity for a single user or for a developer as a commercial or residential project.

Details

Updated on June 12, 2020 at 8:49 am
  • Price: $6,900,000
  • Property Size: 12274 sf
  • Property Type: Investment Properties
  • Property Status: For Sale
  • Price: per square foot
  • City New York
  • Area Lexington Ave

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