34 UNION SQUARE EAST

For Sale - Manhattan - Union Square

$21,000,000

Net Operating Income: $726,500

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Key Details

Property Type
Commercial
Neighborhood
Union Square
Property Dimensions
26.0 x 125.0
Property Area
6,500 sq.ft.
Total Units:
1
Stories:
2
NOI
$726,500
Price
$21,000,000
Price Per Unit
$21,000,000
Cap Rate
3.5%

Listing Description

• Prime retail corner | 6,500 SF plus 26,000 SF of air rights
• 2-story corner commercial building with mezzanine & cellar. Delivered vacant.
• High foot traffic: 344,000+ daily visitors & 4th busiest subway with 33,000,000+ annual riders
• Immediate neighbors: Whole Foods, Starbucks, Sephora, Barnes & Nobles, DSW, Trader Joe’s & Nordstrom Racks
• Other potential redevelopments: commercial, residential rental/ condo, hotel

Property Details

Block/Lot:
871/82
Lot Dimensions
26.0 x 125.0
Lot Area
3,250 sq.ft
Zoning:
C6-4 / C6-2A
FAR as Built:
2.0
Max FAR:
10.0
Shallini MehraMeridian Investment Sales
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