725 Eighth Ave
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725 Eighth Ave
6,000 SF 100% Leased Retail Building New York, NY 10036 For Sale
Executive Summary
Kassin Sabbagh Realty (KSR) has been exclusively appointed to market the sale of 725 Eighth Avenue, a prime retail building located in the heart of Midtown Manhattan. The submarket enjoys substantial daily foot traffic, attracting over 12 million theatergoers each year. Its close proximity to Times Square – one of Manhattan’s largest transit hubs – a hotspot for 27 million visitors and tourists annually. Furthering
enhances its appeal, Penn Station and Moynihan Train Hall is within 15 minutes walk. Additionally, the area’s thriving residential market contributes to its unmatched visibility within New York City, making 725 Eighth Avenue an excellent centralize location. Situated between 45th and 46th Streets, the building’s total buildable SF is 18,810 SF across two floors and basement. This two story property boasts unmatched aesthetics in offering the purchaser/user almost 15' ceilings on the ground floor and more than 18' on the 2nd that can accommodate a variety of uses. With more that 12 new luxury residential complexes developed over the past decade and more on the way, this neighborhood is poised to remain a must-see destination on a global scale. 725 Eighth Avenue will be seen by millions of commuters, further solidifying its prominence.
enhances its appeal, Penn Station and Moynihan Train Hall is within 15 minutes walk. Additionally, the area’s thriving residential market contributes to its unmatched visibility within New York City, making 725 Eighth Avenue an excellent centralize location. Situated between 45th and 46th Streets, the building’s total buildable SF is 18,810 SF across two floors and basement. This two story property boasts unmatched aesthetics in offering the purchaser/user almost 15' ceilings on the ground floor and more than 18' on the 2nd that can accommodate a variety of uses. With more that 12 new luxury residential complexes developed over the past decade and more on the way, this neighborhood is poised to remain a must-see destination on a global scale. 725 Eighth Avenue will be seen by millions of commuters, further solidifying its prominence.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,000 SF
Building Class
B
Year Built/Renovated
1940/2000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
2.75
Lot Size
0.05 AC
Zoning
C6-4 - C6 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location
Frontage
26 FT on Eighth Ave
Amenities
- Bus Line
- Metro/Subway
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (93)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1036-0033 | Improvements Assessment | $619,470 |
| Land Assessment | $1,350,000 | Total Assessment | $1,969,470 |
PROPERTY TAXES
Parcel Number
1036-0033
Land Assessment
$1,350,000
Improvements Assessment
$619,470
Total Assessment
$1,969,470
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725 Eighth Ave
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