Listing Agency: Navi Times CRE Show Phone

Listed By: Navahjo Stoller Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:00AM

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Investment Insights

Based on property information with market context.

This property offers 2000 square feet of retail or office space, complemented by a full basement. It is equipped with HVAC, lighting, and a gas line. The space features a corner entrance on St. Nicholas Avenue, as well as an additional entrance mid-block on 171st Street. The property is situated in the bustling 168th Street Station/Columbia area, positioned between a McDonald's, Rite Aid, and Key Food.

Key Highlights

• 2000 Sq Ft Retail/Office Space with Full Basement
• Located in High‑Traffic Area Near 168 Street Station/Columbia
• Corner Entrance on St. Nicholas Ave

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)

Lease Type

$16.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

9,289

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr

Avg Asking Price

$12–$250 /SF/Yr

Price Range

2,906 SF

Avg Space Size

This space is priced 21% above the average of $89.62 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - 2000 SF retail/office space with full basement near 168th St.

Where is this retail space located?

The property is located at 1221 St Nicholas Ave New York, NY.

What is the lease rate?

The lease rate is $108 SF/Yr.

What are key features of this property?

This property features: 2000 Sq Ft Retail/Office Space with Full Basement; Located in High‑Traffic Area Near 168 Street Station/Columbia; Corner Entrance on St. Nicholas Ave