There's a new listng for 206 First Ave. between East 12th Street and East 13th Street ... currently home to the the New York City Pharmacy.
Here are the details via Warburg Realty:
This property is a fully occupied retail space encompassing the ground and cellar floors totaling approx. 2,365 square foot. The asset offers over 15' of frontage on First Avenue providing significant visibility along one of the busiest streets in New York City. The space measures approximately 1315 sq. ft. on the ground floor with another 1,050 sq. ft. of basement storage and features 10' ceilings.
And!
This retail condominium represents an excellent opportunity for end-users and purchasers seeking a retail investment opportunity. Will be delivered vacant.
And what are retail condominium spaces going for around here these days? Both the Warburg site and Streeteasy list the same price...
$8.5 million???? That's good for $3,594 a square foot.
Updated: See the comments. The pharmacy owner says that they have a lease and are safe for now…
