950 2nd Ave

• Prime retail corner on 2nd Avenue and 50th Street
• Property sits at the base of 301 E 50th St., a new condominium hosting 57 luxury residential units
• 8,122 sf premier retail on ground floor and lower level
• One block East of the Third Avenue office corridor
• Serves both the residential and daytime office populations

Midtown Manhattan, or Midtown, represents the central lengthwise portion of the borough and island of Manhattan in New York City. Midtown is home to some of the city’s most iconic buildings, including the Empire State Building, the Chrysler Building, and the headquarters of the United Nations, and it contains world-renowned commercial zones such as Rockefeller Center, Broadway, and Times Square.

Midtown Manhattan is the largest central business district in the world and ranks among the most expensive and intensely used pieces of real estate in the world, and Fifth Avenue in Midtown Manhattan commands the world’s highest retail rents, at US$3,000 per square foot ($32,000/m²) in 2017. While Lower Manhattan is the main financial center, Midtown is the country’s largest commercial, entertainment, and media center. It is also a growing financial center, second in importance only to Lower Manhattan’s Financial District in the United States.

The majority of New York City’s skyscrapers, including its tallest hotels and apartment towers, lie within Midtown. The area hosts commuters and residents working in its offices, hotels, and retail establishments and is populated by many tourists, visiting residents, and students. Times Square, iconic as the world’s “heart” and its “Crossroads”, is the brightly illuminated hub of the Broadway Theater District, one of the world’s busiest pedestrian intersections, and a major center of the world’s entertainment industry. The Avenue of the Americas holds the headquarters of three of the four major U.S. television networks.

Sources Wikipedia.