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- LoopNet Team
212 E 52nd St
New York, NY 10022
Investment and Development Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Commercial townhouse with ground floor retail restaurant.
- All units are fully leased with an average remaining term of 8 years.
- Ideally situated less than one mile from Grand Central Terminal.
- 3% annual rent escalations on each unit.
PROPERTY FACTS
AMENITIES
- Bus Line
- Metro/Subway
- Property Manager on Site
ABOUT 212 E 52ND ST , NEW YORK, NY 10022
212 E 52nd Street offers access to the best that New York City has to offer. Conveniently located at the intersection of Third Ave, this commercial townhouse provides easy access to numerous hotels such as The Maxwell, Waldorf Astoria, Pod 51 and more. Additionally, iconic New York landmarks such as the United Nations Headquarters, Grand Central Terminal, Rockefeller Center, Radio City Music Hall and more are all within a mile. The property backs up onto Greenacre Park giving tenants a green oasis away from the hustle and traffic of New York City. MOTIVATED SELLER! Rare Opportunity to Own Four Story Commercial Building in Midtown East, Potential Build-up Space. CAN BE FOR RESTAURANT, CATERING CENTER, OR ENTERTAINMENT CLUB USE. Great of All Type of Investors. All Four Floors are approved for eating and drinking. Option to buy the adjacent building for development opportunity.
PROPERTY TAXES
| Parcel Number | 1325-0047 | Improvements Assessment | $670,320 |
| Land Assessment | $540,000 | Total Assessment | $1,210,320 |
PROPERTY TAXES
