Description
Landair Property Advisors has been engaged to market the retail property at 143 Sherman Ave, New York, NY 10034. The asset consists of an 11,000-square-foot single-story building on an equally sized lot. Zoned R7A, C2-4, the site allows for a wide variety of commercial and residential uses.Currently, the property is fully leased to eight retail tenants, providing a strong and reliable income stream. Its zoning permits up to 44,000 square feet of residential development as well as 44,000 square feet of community facility space, presenting substantial long-term redevelopment potential.
Listing Details
- Cap Rate
5.21%
- Tenancy
Multi
- Space Type
retail
- Sub Category
convenience-store
- Date Listed
8/28/2025
Property Specifics
- Property Name
43 Sherman Ave
- No of Buildings
1
- No of Stories
1
- No of Units
8
- Year Built
1925
- Building Size
11,000 SF
- Lot Size
0.25 AC
- Zoning
R7A, C2-4
- Occupancy
100%

