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Avison Young

Avison Young - US - NY - New York

Avison Young

Avison Young - US - NY - New York
Property Details
- Property Type Other
- Property Size 4,765 SF
- Units 4
- Date Updated Jul 6, 2025
Avison Young, as exclusive agent, is pleased to offer for sale the retail co-op at 1029–1039 Second Avenue (the “Property”), an exceptional retail investment opportunity boasting 137 feet of frontage along the bustling Second Avenue retail corridor.
Located on the northwest corner of Second Avenue and East 54th Street, the fully leased commercial co-op consists of four (4) distinct units totaling approximately 4,765 square feet. The units are leased to Salon Wave, Next Stop Realty, Blueline Dental, and Pinkberry, with a weighted average lease term (WALT) of over six (6) years. The average tenant tenure exceeds twelve (12) years, with Pinkberry occupying its space for more than eighteen (18) years.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Cultural and Recreational Amenities
- Located on Second Avenue Retail Thoroughfare
- Long-Term Tenancy: Avg Tenure of 12+ Years
- Over 6 Years of WALT
- Preferential Co-op Tax Treatment
- Proximity to the E M 6 Subway Lines
Getting around
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Location
- City New York, NY
- Neighborhood Central Midtown
- Zip Code 10022
- Market Manhattan
Points of Interest
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East 53rd Street & 3rd Avenue at Northeast Corner
0.12 miles
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East 53rd Street & 3rd Avenue at Southeast Corner
0.14 miles
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East 53rd Street & 3rd Avenue at Northwest Corner
0.14 miles
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East 53rd Street & 3rd Avenue at Southwest Corner
0.15 miles
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Lexington Avenue–53rd Street
0.20 miles
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East 53rd Street & Lexington Avenue at Northeast Corner
0.21 miles
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East 53rd Street & Lexington Avenue at Southeast Corner
0.22 miles
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East 51st Street & Lexington Avenue at Southeast Corner
0.27 miles
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51st Street
0.27 miles
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East 51st Street & Lexington Avenue at Northwest Corner
0.28 miles
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ChargePoint
0.08 miles
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Tesla Supercharger
0.39 miles
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Bus Charging Station
0.69 miles
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Sunoco
1.22 miles
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Citgo
1.24 miles
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BP
1.31 miles
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Atlantic
1.41 miles
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Shell
1.43 miles
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Mobil
1.49 miles
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Central Parking
0.18 miles
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20th Century Garage
0.33 miles
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Quik Park Garage
0.43 miles
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Alpha Garage
0.46 miles
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intlFcstone 10022 LOCi Multi
0.51 miles
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icon 24hr Parking
0.71 miles
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Icon Parking
0.81 miles
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Icon
0.82 miles
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Hippodrome Parking
0.82 miles
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Champion
0.85 miles
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AKA Sutton Place
0.12 miles
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Hilton Garden Inn
0.15 miles
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Courtyard
0.16 miles
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The Carvi Hotel New York, Ascend Hotel Collection
0.17 miles
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The Pod Hotel
0.18 miles
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Fitzpatrick
0.23 miles
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The Fifty Sonesta Select
0.24 miles
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Concorde Hotel
0.25 miles
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The Kimberly
0.26 miles
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Doubletree by Hilton Hotel Metropolitan
0.26 miles
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Whole Foods Market
0.13 miles
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Morton Williams
0.18 miles
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Amazon Go
0.19 miles
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Katagiri Japanese Grocery
0.24 miles
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Saks Off 5th
0.30 miles
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TJ Maxx
0.32 miles
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Bloomingdale's
0.32 miles
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Trader Joe's
0.32 miles
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MUJI
0.36 miles
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Health Nuts Store
0.46 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.