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Elevatored Flex Space
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235 East 123rd Street, New York, NY 10035

Four-level commercial property with storage areas, offices, and a high-clearance vehicle garage.

Property Size9,692 SF
Days on Market144

Property Features for 235 East 123rd Street

General Information

Standard status Active
Size 9,692 SF
Elevators Yes
Property subtype Office

Additional Details

Public Transit Yes

Building Details

Buildings 1
Stories 4
Building Size 9,692 SF
Listing Agency: Development Site Advisors
Listed By: Lev Kimyagarov · License #NY
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 6:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Development Site Advisors

Investment Insights

Based on property information with market context.

This four-story flex space contains approximately 9,692 square feet and is arranged for a mix of storage, office, and vehicle-oriented commercial functions. Three levels are allocated to storage, while the second floor provides office space. A heavy-duty freight elevator serves every floor, and the ground level includes a high-clearance garage with a 25-foot curb cut.

The property is located at 235 East 123rd Street in East Harlem, between 2nd Avenue and 3rd Avenue. The 4, 5, and 6 subway lines and the Metro-North Station on 125th Street are two blocks away. The building will be delivered vacant at closing, and leasing may also be considered.

Key Highlights

  • Approximately 9,692 SF across 4 stories
  • Heavy‑duty freight elevator serving all levels
  • 25‑foot curb cut and high‑clearance ground‑floor garage

Property Analytics

Current Use

ASA Building Maintenance, ... Construction Company ACR Enterprises Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Computer & Electronic Repair Skin Care Clinic Accounting Firm

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

5,868
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10035, NY

35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Four-level commercial property with storage areas, offices, and a high-clearance vehicle garage.
Where is this flex space located?
The property is located at 235 East 123rd Street New York, NY.
What are key features of this property?
This property features: Approximately 9,692 SF across 4 stories; Heavy‑duty freight elevator serving all levels; 25‑foot curb cut and high‑clearance ground‑floor garage
(516) 282-4602 Call to check price and availability
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