525 East 80th Street, New York, NY for sale

Investment Overview

Located within the condominium at 525 East 80th Street on Manhattan's Upper East Side, this offering consists of the sale of the entire Parking Garage Condo Unit — approximately 10,470 square feet, currently valet-operated and configured for 49 vehicles (with capacity for up to 52 under current zoning). The garage was established as an original condominium unit when the building was developed and has operated continuously as a single, whole asset. Separately, the Seller holds Attorney General approval to sell individual licensed parking spaces within the unit — a right that would transfer to a new owner through a simple amendment filed with the Attorney General, should they choose to exercise it. That option has not been utilized to date; the garage continues to operate as a whole under its current tenant/operator, serving both transient and monthly parkers