2275 First Avenue

Asset Type

Residential

Address
2275 1st Ave New York, NY United States 10035-5002
Asking Price

Contact for pricing

Sq Footage

73,500

Year Built

2019

Cap Rate

N/A

Additional Attributes

Property Description

JLL has been retained exclusively to arrange for the sale of 2269-2275 First Avenue aka 340-344 East 117th Street (“2275 First Avenue”), a 73,500 gross square foot new construction mixed-use building located in East Harlem. The property, which spans over 250’ of frontage on the corner of 117th Street, was recently completed in 2019 and will be delivered vacant. Complete vacancy provides flexibility for new ownership to implement their own leasing strategy, convert the building to condominium ownership or end users who wish to occupy all or a portion of the building for their own use.

Investment Highlights

-Brand new construction

               -Delivered vacant

               -250’ of frontage

               -70,342 Net Square Feet

               -740 Net Square Feet: Average unit size

-47 on-site parking spaces

-Fully amenitized

-15’ ceilings

               -One block from East River Plaza

-Less than three blocks from the 116th Street “6” subway station

-One block from Second Avenue “Q” subway station (Phase 2 underway)


Listing Contacts
Bob Knakal
Bob Knakal
Contractor Broker
NY - 10311207925
Darragh Clarke
Darragh Clarke
Associate, Production Support
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