www.nestseekers.comWebID: 45794

Mixed-Use Commercial Building for User-Operator // Investment-Development Opportunity in Sutton Place

SUTTON PLACE
(First Ave)
Midtown East

On a charming and tranquil treelined street in Sutton Place,  and just around the corner from First Avenue, your opportunity awaits you. This rare property can work in a number of different ways, including as a "1031 Exchange".

Because of it's combination of commercial and residential zonning, and with over 2,000sf of potential commercial space on the lower duplex, it's a rare find for the savy business entrepreneur who wants to create his new spa, medical offices, restaurant, antique shop, fashion boutique, cleaner's or cyber cafe, while enjoying the income from the remaining six rental apartments. The flexible commercial zonning and the existing separate access to the lower floor would allow for two separate businesses to co-exist commercially, if so desired.

But most importantly, this townhouse allows for over 20,000sf of buildable space, and it ...

Financials
Price: $4,500,000
Property
Ownership:Building with units for sale/rent
Type:Mixed Use
Floor:4th
Pets:Unknown
Area:4640 sq ft
Lot Size:2100 sq ft
Amenities
  • Garden/Patio
Contact
Senior Associate // Executive Relocation & Investments
Phone: 917-535-4024
Mobile: 917-535-4024

Eric Poullain
Senior VP | Associate Broker | Managing Director
Phone: 646.924.4389
Mobile: 646.325.7173

Regis Roumila
Eastside - Corporate
415 Madison Avenue
New York, NY 10017
212-252-8772 X 222
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100 Riverside Blvd
New York, NY 10069
646-443-3715
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20 East 49th Street
New York, NY 10017
212-252-8772
Greenwich Village
55 Christopher Street
New York, NY 10014
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Tribeca
156 Reade St
New York, NY 10013
212-729-1101
Long Island City
47-44 Vernon Blvd
Hunters Point, NY 11101
718-707-0200
Williamsburg
578 Driggs Avenue
Greenpoint, NY 11211
718-302-0900
Southampton
20 Montauk Highway
Southampton, NY 11968
631-287-9260
East Hampton
75 Montauk Highway
East Hampton, NY 11937
631.324.1050
Bridgehampton
2397 Montauk Highway
Bridgehampton, NY 11932
631-353-3427
Water Mill
688 Montauk Highway
Water Mill, NY 11976
631-353-3047
Miami, Florida
1111 Lincoln Road
Miami Beach, FL 33139
305-531-7200
International
415 Madison Avenue
New York, NY 10017
646-443-3735

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