Expert Tenant Broker "No Fee"
We represent you, not the landlord
Rent/Lease Apartment 1317-1327 Second Ave
1317-1327 Second Avenue represents a premier value-add opportunity within the Upper East Side’s resilient retail corridor, ideally positioned to leverage the high foot traffic generated by the nearby Q-train expansion. This assemblage offers significant frontage and versatile floor plates that are perfectly suited for flagship retail or upscale medical conversions catering to the neighborhood's affluent demographic. From a brokerage perspective, the property’s long-term appreciation is anchored by its strategic mid-block presence and the potential to reposition existing units into high-street commercial spaces that command premium market rents.
Why Optimal Spaces –
|
|
|
1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
  |
1317-1327 Second Avenue Property Overview
| Building Address: | 1317-1327 Second Ave, New York NY 10021 |
| Building Alternate Address: | 1317-1327 2nd Ave |
| Zip Code: | 10021 |
| Neighborhood: | Upper East Side |
| Borough: | Manhattan |
| Stories: | 16 |
| Year Built: | 1957 |
| Building Class: | C |
1317-1327 Second Avenue in Manhattan, NYC, is a 16-story building located in the Upper East Side neighborhood. It was first built in 1957 and has a total of 209 units. The property is valued at approximately $22,483,799, with the land itself valued at $3,081,150. The building features a mix of residential and commercial spaces, with a gross building area of 227,773 square feet.
Historically, Second Avenue has been a significant part of Manhattan's cultural landscape, once known as the "Yiddish Theater District" due to its numerous Yiddish theaters in the early 20th century. The area has evolved over time, with the removal of the Second Avenue Elevated train line in 1942, which previously ran along the avenue.
Today, Second Avenue is a one-way street with a rich architectural character, despite being surrounded by high-income areas. It has undergone various transformations, including the addition of bike lanes and improvements to its infrastructure.
1317-1327 Second Avenue, Manhattan, NYC, is a 16-story building located in the Upper East Side neighborhood. It was built in 1957 and features both residential and commercial spaces. The building is part of a vibrant area known for its mix of residential units and office spaces.
1317-1327 Second Avenue, Manhattan, NYC, offers a range of building amenities:
- Year Built: 1957
- Number of Floors: 16
- Total Units: 209
- Residential Units: 204
- Lot Size: Frontage of 150 ft, depth of 80 ft
- Building Type: RM
- Neighborhood: Upper East Side
- Community District: 108
- City Council District: 4
- Police Precinct: 19
- Fire Company: L016
- Health Area: 4200
- Sanitation District Borough: 1
- Sanitation Subsection: 2B
- School District: 02
1317-1327 Second Avenue, Manhattan, NYC, is a 16-story office building located in the Upper East Side neighborhood. The building, constructed in 1957, offers various office spaces for rent or lease.
Office Space Details:
- Windowed Office (per person): Class A: $2,000/month, Class B: $1,250/month, Class C: $1,000/month
- Interior Office (per person): Class A: $1,250/month, Class B: $750/month, Class C: $500/month
Building Features:
- 16 stories
- Year Built: 1957
- Building Class: C
- Neighborhood: Upper East Side
- Borough: Manhattan
1317-1327 Second Ave, Manhattan, NYC, offers several internet providers. The primary options include:
Verizon Fios is known for its high speeds, starting at 300 Mbps and reaching up to 2 Gbps, with plans starting at $49.99.
Astound Broadband Powered by RCN provides both cable and fiber services with unlimited data usage and competitive pricing.
Spectrum offers cable internet with speeds up to 1 Gbps and is widely available in the area.
1317-1327 Second Avenue is located in the Upper East Side neighborhood of Manhattan, NYC. The building is situated near several major cross streets, including East 72nd Street and East 75th Street.
For transportation, the area is served by multiple bus routes, including the BXM1, BXM6, M101, M102, and M103. The nearest subway lines are the 4, 6, and Q trains, which stop nearby at stations like 68 St-Hunter College and 72 St.
Key cross streets include:
- East 72nd Street
- East 75th Street
Public transit options make it convenient to access this location from various parts of Manhattan.
- Laboratory Institute of Merchandising, the College for the Business of Fashion leased 30,160 SF at 535 Fifth Ave
- Monarch Alternative Capit… leased 29,530 SF at 535 Madison Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Reproductive Medicine Associates leased 25,779 SF at 635 Madison Ave
- Strike Technologies leased 25,000 SF at 545 Madison Avenue
- The Ad Council leased 24,368 SF at 815 Second Ave
- Banco Bradesco leased 21,822 SF at 450 Park Avenue
- Glendower Capital leased 21,028 SF at 410 Park Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Jay Suites leased 18,989 SF at 369 Lexington Ave
- Wells Fargo leased 4,328 SF at 437 Madison Avenue
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Polestar leased 4,000 SF at 5 East 59th Street
- Grubo Alin Corporation leased 3,840 SF at 595 Madison Ave
- Panache Lingerie leased 3,800 SF at 286 Madison Avenue
- Butterfly Spa Corporation leased 3,676 SF at 155 East 44th St
- 1 Bite Mediterranean leased 3,600 SF at 875 Third Ave
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- Carlo Pazolini leased 3,056 SF at 555 Madison Ave
Finnerty Economic Consulting, LLC. Testimonial
To Whom It May Concern:
My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street.
I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching.
I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan.
Very truly yours,
John D. Finnerty
Managing Principal