Manhattan Retail Investment Property

$ 4,000,000
245 53rd St,
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Jason Piazza

Phone:(949) 682-5867
Email:jason@wecann.biz

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Property Description

Listing 4970 

ASKING PRICE: $4,000,000

Rare opportunity to own this desirable 3,500 SF retail unit in a highly walkable retail corridor of Midtown Manhattan. Strong restaurant tenant and cannabis eligibility for future consideration. Close proximity to Hotels, Restaurants, Event Venues and Residential.

Investment Summary:

  • Currently leased to stable tenant
    • Popular Fusion Restaurant
    • Multiple Locations in NY
  • 2024 Net Estimate $147 K
  • 6 Years Remaining On Lease
  • Generating excellent owner income

Property Highlights:

  • Part of a larger mixed-use building
    • New Construction Condo Complex
  • Two Story Unit: Ground Floor and Basement Level
  • Approximately 3,500 SF
  • BONUS: Cannabis Zoning

Jason Piazza – License# 01405965 – WeCann

Co-Listed with Corey Shuster; Associate Agent with Douglas Elliman. Contact: 917-620-2886 corey.shuster@elliman.com

Address: 245 53rd St
State/County:
Zip: 10282
Country: United States
Property Id: 36983
Price: $ 4,000,000
Property Size: 3,500 ft2
Property Status: active

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