Building Overview

  • Asking Price $8,500,000
  • Total SF 9,050 SF
  • Retail Units 2
  • Neighborhood Murray Hill

Located between East 38th and 39th Streets, 580 Third Avenue consists of two fully occupied retail condominiums totaling 9,050 square feet. The space is leased to D’Agostino Supermarket, an iconic New York City grocery chain that has been operating at this location since December 1999.

Highlights

Quality Tenancy

Anchored by strong reliable internationally recognized tenancy with D'Agostino, which was acquired by Gristedes in 2018, continues to serve the community with 11 locations citywide, reinforcing its brand presence and neighborhood loyalty.
Compelling Value-Add Potential

Positioned in a high-density corridor with strong residential demand, this asset offers secure cash flow backed by an established tenant in a prime Midtown location.

Team

James Nelson

James Nelson

Principal, Head of U.S. Investment Sales
Avison Young - US - NY - New York
Brent Glodowski

Brent Glodowski

Director
Avison Young - US - NY - New York
Mitchell Levine

Mitchell Levine

Director
Avison Young - US - NY - New York
David Shalom

David Shalom

Director
Avison Young - US - NY - New York