Listing Agency: Navi Times CRE Show Phone

Listed By: Navahjo Stoller Show Phone

Source: Moodyscre

Added: Nov 29, 2024 Changed: Sep 10 Last Checked: Sep 19 at 9:55AM

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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

Retail space

Location Intelligence

Trade Area within ½ mile

30,992

Businesses Nearby

15k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 66% Shops & Services 34%

Playa Bowls Dining

5,312 visits/mo 0.4 miles

Chase Bank Shops & Services

5,207 visits/mo 0.3 miles

Chipotle Mexican Grill Dining

4,856 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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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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.