236 East 78th Street
New York, New York
Building
Stats
- Property Type Retail - Street Retail
- Building size (SF) 700
- Price $1,250,000
Overview
Avison Young, as exclusive agent, is pleased to offer for sale (assignment), the lease for the ground floor retail co-op unit located at 236 East 78th Street (the “Unit”), between 2nd and 3rd Avenues in the Upper East Side neighborhood of Manhattan which extends through 2078 and is readily sub-leasable. The retail unit is situated at the base of an 11,334 SF 6-story walk-up building comprised of 22 residential units. The retail premises is approximately 700 SF (with an additional 150 SF storage belowgrade) and is currently sub-leased to Kristi’s Hair Salon through 2028.
Highlights
In-place sublease through 2028
Low carry-costs as a % of EGI
Proximity to the 4,6 trains at the 77th Street / Lexington Avenue subway station
Strong Upper East Side retail market
Team
Brent Glodowski
Brandon Polakoff
Principal, Executive Director of Tri-State Investment Sales
Avison Young - US - NY - New York
212 230 5998
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