Available
For Sale
  • Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings , Mixed-U
  • 125 East 39th Street, New York, NY 10016

    125 East 39th Street, New York, New York, 10016, New York, NY 10016 United States
    Available
    For Sale
  • Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings , Mixed-U
  • 125 East 39th Street, New York, NY 10016

    125 East 39th Street, New York, New York, 10016, New York, NY 10016 United States
    Building Size
    9,600 SF
    Available Space
    9,600 SF
    Lot Size
    1,975 SF / .05 Acres
    Built
    1910
    Building Size
    9,600 SF
    Available Space
    9,600 SF
    Lot Size
    1,975 SF / .05 Acres

    OVERVIEW

    KEY HIGHLIGHTS:
    • 5-story, 7-unit, Mixed Use Building spanning 7,600± SF (plus a 1,840± SF usable cellar).

    • Fully Functional Multi-Level Restaurant available for restauranteurs.

    • Significant Corporate Guaranteed Commercial Income while you plan your restaurant or re-let.

    • 100% Free Market Apartments offering significant upside potential with light renovation.

    • Spacious Apartments with private terraces and washer/dryers in the units.

    • Tax Class 2B Protected offering advantageous tax benefits for long-term investment.

    • High Foot Traffic Area residential enclave nearby Midtown office buildings.

    • Excellent Transportation Access close to Grand Central, Penn Station and multiple subway lines

    • Premier Murray Hill Location situated in one of New York City’s most desirable neighborhoods near major hospitals, the United Nations, and Midtown.

    EXECUTIVE SUMMARY:
    Cushman & Wakefield is exclusively retained to sell 125 East 39th Street, a mixed-use building located in the heart of Prime Murray Hill. The property boasts a fully functional multi-level restaurant space with a bar, lounge, and sit-down restaurant across the garden, basement, and second floors. Currently leased to Kawabun, a Michelin-starred restaurant that has gone dark, their rent is corporate-guaranteed through September 2027. For a new restaurant operator, the space could be vacated, making it an ideal turnke

    Details

    Building Size:
    9,600 SF
    Available Space:
    9,600 SF
    Sale Price:
    $8,500,000 USD
    Price Per Unit:
    $885.42 / USD
    Lot Size:
    1,975 SF / .05 Acres
    Year Built:
    1910

    AVAILABILITIES

    LOCATION

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    Sale Price: $4,500,000 USD

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