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Investment Highlights

  • 100% leased to quality neighborhood retailers
  • Glass storefronts with dedicated signage
  • 7.76 Years of WALT
  • 40’ of total frontage along 2nd Avenue
  • No tenancy use restrictions, as per Offering Plan & By-Laws
  • Landlord recoveries on both RE Taxes & CAM Charges

Executive Summary

Marshall Real Estate LLC (“MRE”) has been exclusively retained to offer for sale the 100% fee simple interest in the Retail Condominium Units located at 1760 2nd Avenue on the Upper East Side of Manhattan. Positioned along one of the neighborhood’s primary commercial corridors, the property benefits from exceptional pedestrian traffic, affluent demographics, and a dense residential population that supports long-term retail demand. The North Store is leased to Oculist, a well established eye care and optical provider, through February 2033. The tenancy provides stable income from a necessity-based retail use that serves the surrounding residential community and benefits from recurring customer demand. The South Store is leased to Four Seasons Spa through April 2034. The spa’s long-term commitment reflects the strength of the location and provides investors with secure income from a service-oriented tenant that is integrated into the neighborhood’s daily consumer base. Located in the heart of the Upper East Side, 1760 Second Avenue is surrounded by luxury residential buildings, institutional employers, healthcare facilities, and a broad range of neighborhood retail. The property enjoys convenient access to public transportation, including the Second Avenue Subway, enhancing accessibility for residents, employees, and visitors. The Upper East Side remains one of Manhattan’s most desirable residential neighborhoods, characterized by high household incomes, strong consumer spending patterns, and historically resilient retail demand. These market fundamentals support long-term occupancy and rent growth, making the property an attractive investment opportunity for investors seeking stable income backed by a premier New York City location.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Retail
  • 3,522 SF
  • Retail
  • $3,600,000 ($1,022.15/SF)
  • $243,000
Sale Type Investment
Cap Rate 6.75%
Unit Unit Size Condo Use Price NOI
Unit Retail 3,522 SF Retail $3,600,000 ($1,022.15/SF) $243,000

Unit Retail

Unit Size
3,522 SF
Condo Use
Retail
Price
$3,600,000 ($1,022.15/SF)
NOI
$243,000

Unit Retail

Unit Size 3,522 SF
Condo Use Retail
Price $3,600,000 ($1,022.15/SF)
NOI $243,000
Sale Type Investment
Cap Rate 6.75%

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 149,477 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 34
Typical Floor Size 5,450 SF
Year Built 2001
Lot Size 0.14 AC
Zoning C2-8, Manhattan (R5) - In C2-8 you can build a variety of commercial building uses, community facilities, and residential buildings.

Amenities

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Clubhouse
  • Concierge
  • Fitness Center
  • Property Manager on Site
  • Doorman
  • Package Service
  • Wi-Fi
  • Roof Terrace
  • Bicycle Storage
  • Elevator
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - 3,522
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Optometry Group - Jan 0000
Thuy Tran Optometrist - Jan 0000
  • Listing ID: 41384584

  • Date on Market: 7/21/2026

  • Last Updated:

  • Address: 1760 Second Ave, New York, NY 10128

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