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301 3rd Ave - The Willow 3,096 SF Retail Condo Unit in New York, NY 10010
Investment Highlights
- The condominium is fully leased under a new 10-year lease.
- Immediate income is generated through long-term tenant occupancy.
- The property benefits from strong Manhattan market fundamentals.
- Approximately 135 feet of wraparound frontage enhances visibility.
- Corner positioning provides exceptional street exposure.
- Dense surrounding demographics support long-term retail demand.
Executive Summary
301 Third Avenue is a mixed-use property positioned within a highly active Manhattan commercial corridor. The building benefits from excellent visibility, substantial street exposure, and convenient access to surrounding residential and employment centers. Located within a neighborhood known for its blend of residential, retail, and service-oriented uses, the property enjoys consistent pedestrian traffic and strong consumer activity. The building's corner presence enhances visibility and contributes to its prominence within the streetscape. Nearby transit options, neighborhood amenities, and a diverse demographic base support continued commercial demand. The surrounding area remains attractive to retailers, restaurants, and service providers seeking access to a dense Manhattan customer base. Strong market fundamentals, limited supply opportunities, and the property's strategic urban location contribute to its enduring appeal as a retail investment property.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Fully leased retail condominium totaling approximately 3,096 SF with approximately 135 feet of wraparound frontage. New 10-year lease in place with CorePower Yoga.
Sale Notes
Retail condominium investment opportunity totaling approximately 3,096 rentable square feet and fully leased to CorePower Yoga under a newly executed 10-year lease. The unit features approximately 135 feet of wraparound frontage and benefits from highly visible positioning within a prominent Manhattan corridor. With long-term tenancy already in place, investors receive immediate income while minimizing near-term rollover and leasing risk. The property's visibility, expansive frontage, and established tenant occupancy create a compelling combination of stability and market presence. The surrounding neighborhood supports a diverse customer base driven by residential density, employment centers, and daily pedestrian traffic. The long lease term provides predictable cash flow and enhances the asset's long-term investment profile. This offering presents an opportunity to acquire a leased Manhattan retail condominium with durable income characteristics and strong underlying real estate fundamentals.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Corner, A, and B | 3,096 SF | Retail | Upon Request | - |
Unit Corner, A, and B
| Unit Size |
| 3,096 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit Corner, A, and B
| Unit Size | 3,096 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Fully leased retail condominium totaling approximately 3,096 SF with approximately 135 feet of wraparound frontage. New 10-year lease in place with CorePower Yoga.</li></ul> | |
| Sale Notes | |
| Retail condominium investment opportunity totaling approximately 3,096 rentable square feet and fully leased to CorePower Yoga under a newly executed 10-year lease. The unit features approximately 135 feet of wraparound frontage and benefits from highly visible positioning within a prominent Manhattan corridor. With long-term tenancy already in place, investors receive immediate income while minimizing near-term rollover and leasing risk. The property's visibility, expansive frontage, and established tenant occupancy create a compelling combination of stability and market presence. The surrounding neighborhood supports a diverse customer base driven by residential density, employment centers, and daily pedestrian traffic. The long lease term provides predictable cash flow and enhances the asset's long-term investment profile. This offering presents an opportunity to acquire a leased Manhattan retail condominium with durable income characteristics and strong underlying real estate fundamentals.</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 | 111,000 SF | Floors | 19 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 5,842 SF |
| Property Subtype | Apartment | Year Built | 2026 |
| Building Class | A | Lot Size | 0.18 AC |
| Zoning | C2-8A - Commercial district predominantly residential in character | ||
| Total Building Size | 111,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 19 |
| Typical Floor Size | 5,842 SF |
| Year Built | 2026 |
| Lot Size | 0.18 AC |
| Zoning | C2-8A - Commercial district predominantly residential in character |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Fitness Center
- Tenant Controlled HVAC
- Grill
- Media Center/Movie Theatre
- Roof Terrace
- Lounge
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 20 | - | - |
| 2+1 | 37 | - | - |
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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301 3rd Ave - The Willow
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