222-224 East 51st Street

$9,800,000

222-224 East 51st Street

ASKING Price:

$9,800,000

Property Type:

Mixed-Use

borough:

Manhattan

Gross square feet:

18450

NUMBER of UNITS:

28

ZONING:

Property Description:

222-224 East 51st Street is a 35-foot wide, seven-story walkup, mixed-use building comprised of 26 apartments and two retail stores located between Second and Third Avenues in Midtown East, Manhattan. The building contains approximately 18,450 gross square feet, with a mix of one and two-bedroom units (15 FM / 11 RS). Offered to the market for the first time in over 70 years, this presents a rare opportunity to acquire a predominantly free market asset with immediate upside in income via mark-to-market of existing rents.

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