Marcus & Millichap - Tri Borough Multi-Family

148-150 East 28th Street

Kips Bay Manhattan ,
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Price: $6,800,000
Building Size: 6,810 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew.Fotis@marcusmillichap.com
Robert Aaron
Tel: 212-430-5232
Robert.Aaron@marcusmillichap.com
Property Status: Under Contract
Description:

Marcus & Millichap is pleased to offer 148-150 East 28th Street, located between 3rd Avenue and Lexington Avenue in the Kips Bay section of New York, New York.

The subject property, 148-150 East 28th Street, is a four story mixed-use building that consists of three retail units, 2 studios, 3 one-bedroom, and 1 two-bedroom apartments. The property is built 37.5 feet by 43 feet on the first through fourth floors and sits on a 37.5 foot by 98.75 foot lot with approximately 6,810 gross square feet. The property is zoned R8B allowing for approximately 7,993 gross square feet of available air rights (Block: 883, Lot: 56)

This property offers investors and developers the rare opportunity to purchase a renovated mixed-use building with air rights in the Kips Bay section of New York, New York.