(Off Market) New York Central Art Supply

62 3rd Ave, New York, 10003

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Retail | For Sale | 6,071 sqft

EXP Realty Advisors, Inc exclusively presents for sale this 6,071 sf property located at 62 3rd Avenue near 11th Street in New York City’s East Village. The four above ground floors and the basement are used by the seller for the retail sale of art supplies including paint and high end paper products. NYCAS has been operating in this location for 106 years. The zoning, C6-2A, allows for commercial uses including retail, office as well as residential. The seller will consider entering into a lease of all, or part, of the building in connection with a sale of the real estate. The terms of the sale leaseback are negotiable. Other retailers in the immediate trade area include Best Buy, Radio Shack, Whole Foods, Trader Joe’s, Duane Reade, Walgreens, Starbucks, and Dunkin Donuts among others. Additionally, the area is home to five New York University dormitories, as well as Beth Israel Hospital (1,160 beds). Also offered for sale is the NY Central Art Supply commercial condo located around the corner at 130 East 12 Street, click here to download that offering memorandum. New York Central Art Supply has been occupying 62 3rd Avenue since 1905.

Price Per Sqft: $691.81

Available: 01/11/2012

Listing ID: 203642


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62 3rd Ave Details:

Building Description:

EXP Realty Advisors, Inc exclusively presents for sale this 6,071 sf property located at 62 3rd Avenue near 11th Street in New York City’s East Village. The four above ground floors and the basement are used by the seller for the retail sale of art supplies including paint and high end paper products. NYCAS has been operating in this location for 106 years. The zoning, C6-2A, allows for commercial uses including retail, office as well as residential. The seller will consider entering into a lease of all, or part, of the building in connection with a sale of the real estate. The terms of the sale leaseback are negotiable. Other retailers in the immediate trade area include Best Buy, Radio Shack, Whole Foods, Trader Joe’s, Duane Reade, Walgreens, Starbucks, and Dunkin Donuts among others. Additionally, the area is home to five New York University dormitories, as well as Beth Israel Hospital (1,160 beds). Also offered for sale is the NY Central Art Supply commercial condo located around the corner at 130 East 12 Street, click here to download that offering memorandum. New York Central Art Supply has been occupying 62 3rd Avenue since 1905.

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