851 Lexington Avenue,
Manhattan,
NY
10065
INVESTMENT HIGHLIGHTS: Fantastic Potential: This building offers an exceptional investment opportunity with great potential. The presence of 7,080 SF of unused air rights opens up significant possibilities for future development, maximizing the property's value and profitability. EXECUTIVE SUMMARY: Nestled on a 16.5ft x 80sf lot, this impressive 4-story walkup building is a gem waiting to be discovered. Comprising 4 residential units and 2 stores, it presents a diverse range of income streams that contribute to its investment appeal. The property's prime location on 63rd Lexington Ave ensures easy access to subway stations, adding to the convenience for both residents and potential customers. What truly sets this property apart is the untapped potential of 7,080 SF of unused air rights. This untapped resource provides an exciting opportunity for future expansion, allowing for further development and enhanced profitability. By investing in this property, you not only benefit from its current income-generating capabilities but also position yourself for future growth and value appreciation. Don't let this opportunity pass you by. For more detailed information or to arrange a private viewing, please reach out to our dedicated team. We are committed to guiding you through this investment journey and helping you make an informed decision. The building receives regular scheduled maintenance.
The property is well positioned with excellent access to public transportation. The area surrounding 851 Lexington Avenue is a shopper's and food lover's paradise. With a multitude of retail stores, boutiques, and restaurants, there's something to cater to every taste and preference. Explore the diverse range of shops offering high-end fashion, unique artisanal products, and trendy local finds. When it comes to dining, the neighborhood boasts an impressive selection of restaurants, cafes, and eateries, serving up a variety of cuisines and flavors. Whether you're in the mood for upscale dining or casual bites, the vibrant retail and dining scene surrounding 851 Lexington Avenue provides endless options for residents and visitors to indulge and explore.
