147 East 86th Street

New York, NY
On the Market
Property Type :
Retail
Year Built :
2019
Property Size :
30,000 Sft

Overview

Holliday Fenoglio Fowler, L.P (“HFF”) has been exclusively retained to arrange the sale of the newly created Leasehold Interest in 147 East 86th Retail (the “Property”), a 30,645 rentable square foot retail condominium situated at the base of the newly developed Hayworth, a 21-story, 61-unit, fully amenitized luxury condominium building. The modern glass Property with 17’2” ceiling heights on the ground floor and efficient floor plans is located on the irreplaceable corner of 86th Street and Lexington Avenue in the heart of Manhattan’s affluent Upper East Side neighborhood, and is 100% leased by JPMorgan Chase Bank (S&P: A+) and Old Navy (S&P: BB+) on a long term basis. The Property boasts 154’ square feet of frontage along the Lexington Avenue and 86th Street retail corridor and lies on top of the 86th Street subway station, which is the most residential trafficked subway station in Manhattan with 14.3 million annual riders. The Property represents a premier opportunity to acquire a stable cash flowing asset with long-term leases situated on one of the most desirable retail corridors in Manhattan.

Map

Documents

If you are interested in obtaining more information from HFF, please execute the confidentiality agreement below. HFF will review the signed agreement and contact you as soon as possible.

Contact Information

Andrew Scandalios45 Rockefeller Plaza
Suite 2400
New York, NY 10111
P: 2126321821
F: 2122452623

andrew.scandalios@am.jll.com
Rob Rizzi45 Rockefeller Plaza
Suite 2400
New York, NY 10111
P: 2126321807
F: 2122452623

rob.rizzi@am.jll.com
Steven Rutman45 Rockefeller Plaza
Suite 2400
New York, NY 10111
P: 2126321828
F: 2122452623

steven.rutman@am.jll.com
David NackoulOne Oxford Centre
301 Grant Street, Suite 1100
Pittsburgh, PA 15219
P: 4122818714
F: 4122812792

david.nackoul@am.jll.com
Christopher Peck45 Rockefeller Plaza
Suite 2400
New York, NY 10111
P: 2126321812
F: 2122452623

christopher.peck@am.jll.com
Alastair Barnes45 Rockefeller Plaza
Suite 2400
New York, NY 10111
P: 2122452585
F: 2122452623

alastair.barnes@am.jll.com