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Investment Highlights

  • Two apartments over two retail stores.
  • Same ownership for 40+ years
  • The asset has an additional 8,141 of air rights with C6-4A and R10A zoning, totaling 11,850 of available SF

Executive Summary

Exodus Capital is pleased to present a 4-unit mixed-use building in prime Kips Bay. It is located between East 30th and East 29th Street on Park Avenue South. There are two
apartments over two retail stores – everything can be delivered vacant. Building is tax class 2A and has been under the same ownership for 40+ years. The asset has an
additional 8,141 of air rights with C6-4A and R10A zoning, totaling 11,850 of available SF. The units are not renovated and have the option of being 2 bedrooms. Ownership will
entertain seller financing proposals**

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,712 SF
Building Class
C
Year Built
1900
Price
$6,233,580 CAD
Price Per SF
$1,679.30 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.84
Lot Size
0.03 AC
Zoning
C6-4A

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • China Express
  • Retailer
  • -
  • -
  • -
  • Clover Nail
  • Services
  • -
  • -
  • -
  • Toon Thai Cafe
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
China Express Retailer - - -
Clover Nail Services - - -
Toon Thai Cafe Retailer - - -
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Jenny Craig
Equinox
Starbucks
D'Agostino
Trader Joe's
TD Bank
Citi
Saravana Bhavan
Benihana
Bareburger

Property Taxes

Property Taxes

Parcel Number
0885-0091
Land Assessment
$433,939 CAD
Improvements Assessment
$843,400 CAD
Total Assessment
$1,277,339 CAD
  • Listing ID: 38368999

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 435 Park Ave S, New York, NY 10016

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