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HFF has been retained to arrange the sale of 120 East 86th Street, a 7,043-rentable-square-foot retail condominium located in Manhattan’s Upper East Side. The commercial property for sale features 4,125 square feet on the ground floor and 2,918 sellable square feet on the lower level. The investment opportunity is fully leased to Panera Bread.
120 East 86th Street is located between Park and Lexington Avenues on the south side of the 86th Street Subway Station entrance within the 86th Street retail corridor, one of the most prominent in Upper Manhattan. Landlords are drawing top urban retailers, and rents in this area have experienced significant growth. Few properties in the Upper East Side can boast a location as superior as the East 86th Street corridor, which has attracted numerous national retailers, including Whole Foods, TD Bank, Victoria's Secret, Shake Shack, H&M, Sephora and Banana Republic.
120 East 86th Street is a retail property for sale in Manhattan’s Upper East Side. For more information on this or other commercial real estate listings in the New York City area, contact Rob Rizzi or Steven Rutman in HFF's New York City office.