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Free-Market Mixed-Use Building

Market Price

698 2nd Avenue, New York, NY 10016

Active
Last Updated: 12/22/2025

389,117

NOI

4,980 sqft

Building Size

Details:
NOI:    $389,117
Building Size:    4,980 sqft
Lot Area:    1,680 sqft
Units:    3
Zoning:    C1-9; TA
Highlights:
  • 4-story mixed-use building featuring retail on the ground-floor and mezzanine space plus two free-market residential units above
  • Newly constructed building with modern mechanical, electrical, plumbing, and HVAC systems
  • Retail unit leased on a long-term 10-year lease with 3% annual rent escalations
  • Two 3-bedroom, 2-bath apartments with high-end finishes, independent utilities, and private outdoor space
  • Features approximately 12,500+ SF of unused FAR for significant development potential
  • Situated in Murray Hill area with 'Walker's Paradise' (99/100) and 'Rider's Paradise' (100/100) Walk/Transit Scores
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Location
Gallery