Landair Property Advisors has been hired to sell the Retail building & Development Site located at 143 Sherman Ave, New York, NY 10034, an 11,000 square foot one-story building situated on an 11,000 square foot lot. This property falls under R7A, C2-4 zoning, allowing for a diverse range of commercial and residential developments. Currently, the building is fully occupied with 8 retail tenants, contributing to a stable and high-performing investment opportunity. Financially, the property presents a strong profile with an average rent per square foot of $56.67 and an average annual rent increase of 2%. The average lease term amongst the tenants stands at 4 years, underscoring tenant stability and consistent cash flow. The property is advantaged by its zoning, which supports a buildable square footage of 44,000 Sq. Ft. market-rate residential or 55,110 Sq. Ft. under the Universal Affordability Preferrence ("UAP"). Located nearby multiple bus and subway stations, the property benefits from high pedestrian traffic and excellent accessibility, enhancing its value as a retail destination. This property represents an exceptional opportunity for investors seeking a low-maintenance, high-yield asset with potential for future growth and development in a high-density area of Manhattan.