212-945-8984
725 Eighth Ave, New York, NY for Sale
Storefront - FOR SALE
1/8
null | Request Cap Rate

725 Eighth Ave
New York, NY 10036


OVERVIEW

Kassin Sabbagh Realty (KSR) has been exclusively appointed to market the sale of 725 Eighth Avenue, a prime retail building located in the heart of Midtown Manhattan. The submarket enjoys substantial daily foot traffic, attracting over 12 million theatergoers each year. Its close proximity to Times Square – one of Manhattan’s largest transit hubs – a hotspot for 27 million visitors and tourists annually. Furthering enhances its appeal, Penn Station and Moynihan Train Hall is within 15 minutes walk. Additionally, the area’s thriving residential market contributes to its unmatched visibility within New York City, making 725 Eighth Avenue an excellent centralize location. Situated between 45th and 46th Streets, the building’s total buildable SF is 18,810 SF across two floors and basement. This two story property boasts unmatched aesthetics in offering the purchaser/user almost 15' ceilings on the ground floor and more than 18' on the 2nd that can accommodate a variety of uses. With more that 12 new luxury residential complexes developed over the past decade and more on the way, this neighborhood is poised to remain a must-see destination on a global scale. 725 Eighth Avenue will be seen by millions of commuters, further solidifying its prominence.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C6-4

APN/PARCEL ID

1036-0033

ASK ABOUT THIS PROPERTY

Jeff GeogheganKassin Sabbagh RealtyMore Info
212-945-8984

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Jeff GeogheganKassin Sabbagh RealtyMore Info
212-945-8984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.