Listing Agency: Navi Times CRE Show Phone

Listed By: Navahjo Stoller Show Phone

Source: Moodyscre

Added: Nov 29, 2024 Changed: Jul 6 Last Checked: Jul 21 at 3:04AM

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Investment Insights

Based on property information with market context.

This property features four commercial units, including two ground-level stores, each offering 400 square feet of retail space. Additionally, there are two floor-through commercial units located on the second and third floors. The property is situated blocks from the MTA’s A express Subway station and a short walk to the 168th Street number 1 Subway. It is also located minutes from Yeshiva University and just north of NewYork-Presbyterian/Columbia University Irving Medical Center. This property presents an opportunity to own an income-producing asset in a high-traffic location in the heart of Washington Heights.

Key Highlights

• High traffic location in the heart of Washington Heights.
• Income producing asset with 4 commercial units.
• Close proximity to the MTA’s A express Subway station.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store HVAC Service Gym & Fitness Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10,171

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Apparel 100%

DTLR/VILLA Apparel

2,871 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Four commercial units in high-traffic Washington Heights location.

Where is this retail space located?

The property is located at 1248 St Nicholas Ave New York, NY.

What are key features of this property?

This property features: High traffic location in the heart of Washington Heights.; Income producing asset with 4 commercial units.; Close proximity to the MTA’s A express Subway station.