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Citibank 123 E 86th St 9,300 SF Retail Building New York, NY 10028 $30,953,999 CAD ($3,328.39 CAD/SF)
Investment Highlights
- Located on East 86th Street in the Upper East Side's Carnegie Hill neighborhood, surrounded by a diverse mix of residential, retail, and office.
- Positioned along a major Manhattan corridor with convenient access to public transportation, neighborhood amenities, and healthcare institutions.
Executive Summary
Originally constructed in 1927, the building contains approximately 9,300 square feet and is improved as a commercial office property. Its position along a major east-west corridor places it within walking distance of the area's extensive transportation network, including the 86th Street transit corridor and key connections to the rest of Manhattan. The surrounding neighborhood is characterized by a combination of affluent residential communities, institutional uses, neighborhood retail, and nationally recognized businesses, creating a diverse base of consumers, employees, and visitors.
For investors, the property's location within a mature and supply-constrained Manhattan submarket offers the potential to capitalize on long-term demand drivers associated with the Upper East Side. The corridor's established commercial presence, strong pedestrian activity, and proximity to major employment, healthcare, cultural, and residential destinations contribute to the property's enduring relevance within the market. Whether considered as a long-term hold, repositioning opportunity, or owner-user investment, 123 E 86th Street benefits from a location that has historically supported a wide range of commercial uses in one of New York City's most recognized neighborhoods.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
| Space | Size | Space Use | Position | Available |
| Basement | 2,325 SF | Retail | In-Line | Jul 2028 |
| Ground | 2,325 SF | Retail | In-Line | Now |
| 2nd Floor | 2,325 SF | Retail | In-Line | Jul 2028 |
| 3rd Floor | 2,325 SF | Retail | In-Line | Jul 2028 |
Basement
| Size |
| 2,325 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2028 |
Ground
| Size |
| 2,325 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 2,325 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2028 |
3rd Floor
| Size |
| 2,325 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2028 |
Basement
| Size | 2,325 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Jul 2028 |
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
Ground
| Size | 2,325 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
2nd Floor
| Size | 2,325 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Jul 2028 |
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
3rd Floor
| Size | 2,325 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Jul 2028 |
123 East 86th Street is perfectly positioned for a flagship retail destination, set amid a strong mix of neighborhood retail, major anchor tenants, and restaurants. The space is currently built out as a bank branch and benefits from a location just off a high-traffic corner with prime visibility and consistent pedestrian flow. Situated on a major crosstown corridor, it offers excellent accessibility and exposure, with nearby subway service via the 4, 5, 6, and Q lines. Ground Floor: 2,325 SF | Second Floor: 2,325 SF | Third Floor: 2,325 | Basement: 2,325 SF
Nearby Major Retailers
Property Taxes
| Parcel Number | 1515-0012 | Improvements Assessment | $2,386,975 CAD |
| Land Assessment | $652,144 CAD | Total Assessment | $3,039,120 CAD |
Property Taxes
Presented by
Citibank | 123 E 86th St
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