Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Retained Exclusively to Sell Mixed-Use Building in Murray Hill

03/05/2015

Cushman & Wakefield has been retained on an exclusive basis to sell a mixed-use building at 605 Second Avenue.  The property is located between East 33rd and East 34th Streets in Manhattan’s Murray Hill neighborhood.  The asking price is $6,500,000.

The four-story building contains approximately 4,053 square feet and sits on a 19.58’ x 75’ lot.  It consists of a ground floor retail space, currently being built out by a neighboring restaurant operator as a bar, and six, two-bedroom units.  The rear second floor apartment has access to an approximately 600 square foot private terrace.  The property is cooled via window units and heated via baseboard heating provided by the oil fired boiler in the basement.

The property is located within one block of an AMC Loews movie theatre, Fairway Market, The NYU Tisch Hospital, and New York Sports Club.  This offering presents an extraordinary investment opportunity with strong in-place income and a proven local retail operator.

“The property’s Second Avenue location and stable tenancy makes it an excellent investment opportunity for anyone seeking a mixed-use property,” said Cushman & Wakefield’s John Ciraulo, who is exclusively marketing this property.

03/05/2015 - 20:45

Source

Cushman & Wakefield Capital Markets Group New York

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