Tri-Borough Sponsor Portfolio
Manhattan - Brooklyn - Queens
816 unités
Descriptif
Jones Lang LaSalle (“JLL”) has been exclusively retained to arrange the sale of the leasehold interest in Aalto57 (the “Property”), a premier mixed-use asset located at 1065 Second Avenue in Manhattan’s Midtown East neighborhood. Built in 2016, the Property occupies a prime corner location on Second Avenue and spans the full block between 56th and 57th Streets. Aalto57 is 100% fair market, featuring 169 luxury residential units above 66,513 square feet of large-format retail.
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Attributs
Nombre d'unités
169
Occupation
98 %
Année de construction
2016
Superficie locative
21 203 mètres carrés
Média
Points forts de l'investissement
- Extremely rare opportunity to acquire a newer-vintage, 100% fair market mixed-use asset
- Institutionally owned and managed for the past decade
- Luxury apartment homes are well appointed with condo level finishes, floor-to-ceiling windows, and soaring 9-11’ ceilings
- Valuable PILOT agreement provides significant tax savings through May 2035
- 95% leased large-format retail investment featuring a 7.4-year weighted average lease term, with 88% of tenants rated creditworthy and no termination options
- Long-term Whole Foods anchor with 14+ years of continuous operation and over 11 years of remaining term
- Premier Midtown East location with walkability to Manhattan’s central business district, retail, and public transit
Contactez les courtiers
Aalto57 (0 Propriétés)
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Dernière mise à jour
May 29, 2026
