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1435 Second Ave
New York, NY 10021
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Prime Upper East Side location near East 74th and 75th Streets.
- Surrounded by popular restaurants, shops, and transit options.
- Retail space can be delivered vacant at closing.
- Additional development potential with 11,270 SF of unused FAR.
Executive Summary
1435 Second Avenue is a mixed-use property on the Upper East Side in a prime, high-foot-traffic corridor between 74th and 75th Streets. The building offers approximately 4,340 SF across four floors and is currently fully built out as a restaurant, with the option to be delivered vacant. Built in 1910 on an 18.92 ft x 72 ft lot, it is zoned C1-9/C-8 and includes one commercial unit with three residential units above. The property also benefits from approximately 11,270 SF of unused air rights, offering strong potential for future expansion or redevelopment.
Property Facts
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 4 | Building Size | 4,340 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | C | ||
| Zoning | C1-9 (R10) 8c - C1-9 Zoning is a Local Retail and Local Service Commercial Zoning District in NYC. In C1-9 you can build a variety of commercial building uses, community facilities, and residential buildings. | ||
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 4,340 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | C1-9 (R10) 8c - C1-9 Zoning is a Local Retail and Local Service Commercial Zoning District in NYC. In C1-9 you can build a variety of commercial building uses, community facilities, and residential buildings. |
Property Taxes
| Parcel Number | 1429-0027 | Improvements Assessment | $892,080 CAD |
| Land Assessment | $388,026 CAD | Total Assessment | $1,280,107 CAD |
Property Taxes
Parcel Number
1429-0027
Land Assessment
$388,026 CAD
Improvements Assessment
$892,080 CAD
Total Assessment
$1,280,107 CAD
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