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1832-1838 2nd Ave - The Cameo Court 1,000 SF Retail Condo Unit Offered at $2,200,000 in New York, NY 10128
Executive Summary
Size: Total 1,000 SF ( Basement: 500 SF) R.E tax:$36,186 C.C:$1,170 Current State: Fully equipped Deli with kitchen and seating Benefit: Immediate occupancy or leasing available; no key money required Low vacancy rates in this corridor ensure stable rental income & long-term capital appreciation.
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- Market Information
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange, Building in Shell Condition |
| Cap Rate | 5.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
| Sale Conditions | 1031 Exchange, Building in Shell Condition |
Description
Size: Total 1,000 SF ( Basement: 500 SF)
R.E tax:$36,186 C.C:$1,170
Current State: Fully equipped Deli with kitchen and seating
Benefit: Immediate occupancy or leasing available; no key money required
Low vacancy rates in this corridor ensure stable rental income & long-term capital appreciation.
R.E tax:$36,186 C.C:$1,170
Current State: Fully equipped Deli with kitchen and seating
Benefit: Immediate occupancy or leasing available; no key money required
Low vacancy rates in this corridor ensure stable rental income & long-term capital appreciation.
Sale Notes
Unbeatable Corner Location:
High-visibility frontage on 2nd Avenue with heavy foot traffic.
Daptable Space: Deli/Retail layout, easily convertible for new concepts.
Transit Prime: Steps 96th St Station Q and 4,5,6 on Lexington Ave for max accessibility
Strategic Asset: Ideal for Owner-Users looking to eliminate rent or 1031 Exchange investors seeking a stable,
recession-proof asset.
High-visibility frontage on 2nd Avenue with heavy foot traffic.
Daptable Space: Deli/Retail layout, easily convertible for new concepts.
Transit Prime: Steps 96th St Station Q and 4,5,6 on Lexington Ave for max accessibility
Strategic Asset: Ideal for Owner-Users looking to eliminate rent or 1031 Exchange investors seeking a stable,
recession-proof asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C1 | 1,000 SF | Retail | $2,200,000 ($2,200.00/SF) | $110,000 |
Unit C1
| Unit Size |
| 1,000 SF |
| Condo Use |
| Retail |
| Price |
| $2,200,000 ($2,200.00/SF) |
| NOI |
| $110,000 |
1 of 2
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Unit C1
| Unit Size | 1,000 SF |
| Condo Use | Retail |
| Price | $2,200,000 ($2,200.00/SF) |
| NOI | $110,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
| Sale Conditions | 1031 Exchange, Building in Shell Condition |
| Description | |
| Size: Total 1,000 SF ( Basement: 500 SF) <br> R.E tax:$36,186 C.C:$1,170<br> Current State: Fully equipped Deli with kitchen and seating <br> Benefit: Immediate occupancy or leasing available; no key money required <br> Low vacancy rates in this corridor ensure stable rental income & long-term capital appreciation.</li></ul> | |
| Sale Notes | |
| Unbeatable Corner Location: <br> High-visibility frontage on 2nd Avenue with heavy foot traffic.<br> Daptable Space: Deli/Retail layout, easily convertible for new concepts.<br> Transit Prime: Steps 96th St Station Q and 4,5,6 on Lexington Ave for max accessibility<br> Strategic Asset: Ideal for Owner-Users looking to eliminate rent or 1031 Exchange investors seeking a stable, <br> recession-proof asset.</li></ul> |
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 | 13,650 SF | Floors | 10 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,365 SF |
| Property Subtype | Apartment | Year Built | 1987 |
| Building Class | C | Lot Size | 0.04 AC |
| Zoning | C2-8, New York - C1-/C2 Districts are commercial districts that are predominantly residential in character. | ||
| Total Building Size | 13,650 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 10 |
| Typical Floor Size | 1,365 SF |
| Year Built | 1987 |
| Lot Size | 0.04 AC |
| Zoning | C2-8, New York - C1-/C2 Districts are commercial districts that are predominantly residential in character. |
Amenities
Site Amenities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | - | 680 |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| The UPS Store |
-
|
August 2020
|
| Five Luck Chinese Restaurant |
-
|
December 2015
|
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Full Score Realty Inc.
1832-1838 2nd Ave - The Cameo Court
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