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Office Property For Sale

Mixed-Use Property Zoned C6-2A

182 Lexington Avenue, New York, NY 10016

Price:
$2,100,000
Building Size:
4,917 SF
Price/SF:
$427.09
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Garden/Low-Rise
Restaurant
Street Retail
Property Use Type:
Investment
Cap Rate:
3.34%
Occupancy:
100%
No. Stories:
4
Building Class:
C
Tenancy:
Multiple
Year Built:
1920
Lot Size:
1,025 SF
Find Out More...

Last Verified 9/24/2009 Listing ID 16356580

Highlights

Annual Rent Escalation in Place
100% Occupied
Mixed-use Property

Prime Midtown Location
High Visibility
Conveniently Located to Subway Lines

Description

4-story investment property on Lexington Avenue at E 31 Street. Zoned C6-2A with 1 restaurant on ground floor and office space on 3 upper floors. Block & lot: 00887-0022. Currently month-to-month occupied. Restaurant under long lease term.

Prime Murray Hill location, convenient to 33 Street and 28 Street 6 train Subway lines on Park Avenue. Please see map below for aerial shot.

Financial Summary

Actual
Net Operating Income
$70,140

Map of 182 Lexington Avenue, New York, NY 10016 (New York County)

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Created 8/14/2009

Additional Information for 182 Lexington Avenue, New York, NY 10016

Active For Sale - 1 Listing
Active For Lease - 1 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Office Property For Sale - Mixed-Use Property Zoned C6-2A

182 Lexington Avenue, New York, NY, 10016