188 East 78th Street — Sale in New York, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: New York, NY 10075
- Size: 168,448 SF
Photos
Description
Jones Lang LaSalle (“JLL”) has been engaged on an exclusive basis to arrange the disposition of a retail condominium located at 188 East 78th Street aka The Empire Condominium (“The Property”). Strategically positioned on the west side of Third Avenue encompassing the entire blockfront between East 77th and 78th Streets, the Property occupies a premier location in Manhattan’s Upper East Side, a neighborhood distinguished by its affluent demographic and proximity to world-class amenities. The blockfront retail condominium encompasses three (3) prime commercial spaces across the ground and second floors of the building, featuring approximately 324 square feet of wraparound frontage that maximizes street-level visibility and accessibility. The Property benefits from a diversified tenant roster comprising three (3) established occupants with strong credit profiles and long-term lease commitments.
Market Context
This retail in New York, NY is listed for sale across 168,448 SF. Compare it against other retail listings for sale in New York, NY — view the full market.
Estimated Price per SF
$484.69/SF – $3,525/SF
Mid: $1,469/SF
Estimated price for 168,448 SF: $247,408,000 (range $81,645,061 – $593,779,200)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Jonathan Hageman · 2128125995 · jonathan.hageman@jll.com
- Ethan Stanton · 5167907718 · ethan.stanton@jll.com
- Hall Oster · 2123772136 · hall.oster@jll.com
- Drew Isaacson · 2128126419 · drew.isaacson@jll.com
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