List Search

984-990 1st Ave
New York, NY 10022 Sutton Place

Price Upon Request

Apartments Condo For Sale  •  3,808 SF

Property Details

  • Property Type Apartments
  • Total Building Size 436,842 SF
  • Lot Size 0.79 AC
  • Building Class B
  • Year Built 1930
  • Zoning R10
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit Retail Retail 3,808 SF Price Upon Request
  • Unit Size: 3,808 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
Description
Retail Condo for sale at the base of a 220-unit high-rise condominium; 3,808 SF on the ground floor and 1,317 SF in the useable lower level; multiple entrances; divisible; multiple entrances; in vacant, core and shell condition; formerly an apartment sales gallery and previously a Starbucks; possible outdoor seating on building's private plaza; 400 amp electrical service; high ceilings; Turtle Bay/Sutton Place neighborhood and near Midtown East; no Type 1 cooking permitted, possible Type 2 heating/re-heating permitted.

Sale Notes
$3.72 million; all cash; no contingencies; no owner financing
Common Charges:  $57,801.84
Taxes: $84,060.08

Description 

Retail Condo for sale at the base of a 220-unit high-rise condominium; 3,808 SF on the ground floor and 1,317 SF in the useable lower level; multiple entrances; divisible; multiple entrances; in vacant, core and shell condition; formerly an apartment sales gallery and previously a Starbucks; possible outdoor seating on building's private plaza; 400 amp electrical service; high ceilings; Turtle Bay/Sutton Place neighborhood and near Midtown East; no Type 1 cooking permitted, possible Type 2 heating/re-heating permitted.

Highlights

Wealthy neighborhood; WFH population; big street presence; dearth of quality retail offerings

Property Flyers

Financial Summary

Total Expenses: $141,862 USD

Major Tenants

Tenant SF Occupied Lease End Date
Constance Kamens Fine Art
Corby Chemists Pharmacy
Corporate Leisure Travel
First Avenue Vintner
L. Simchick & Co.
Lean Canvas Advisory Llc
Lido Cleaners
Love Lisa
Margaret Walker Therapy

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Property Manager on Site
  • Heating
  • Doorman
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Bicycle Storage
  • Online Services
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Grand Central (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road) 3 min 16 min 0.8 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 20 min 1.0 mi
Transit/SubwayDriveWalkDistance
Lexington Av/53 St (8 Avenue Local - MTA New York City Transit, Queens Blvd Local/6 Av Local - MTA New York City Transit) 1 min 6 min 0.3 mi
Lexington Avenue-53 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
Manhattan Tram Station (Roosevelt Island Aerial Tramway - Roosevelt Island Tram) 2 min 8 min 0.5 mi
51 Street (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
59 Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 15 min - 6.9 mi
Newark Liberty International 23 min - 15.8 mi
John F Kennedy International 27 min - 16.7 mi
Kenneth Hochhauser 212-792-2605 RTL Partners LLC
Kenneth Hochhauser 212-792-2605 RTL Partners LLC