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    119 Fulton St New York, NY 10038

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    For Sale
    Contact for pricing

    High-traffic, 4,200 SF retail space.

    Property size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,200 square foot retail condominium, located at 119 Fulton Street in New York, NY 10038, presents a unique investment opportunity. Situated within a 20-unit residential building, this property boasts a prime location steps from the bustling Fulton Transit Center, a LEED-certified hub connecting nine subway lines and serving approximately 300,000 daily commuters. The space is currently configured as a salon, complete with existing plumbing and electrical infrastructure, minimizing upfront renovation costs. The property is zoned C6-4 and sits on a 3,049 square foot lot. Its strategic location benefits from the significant residential growth in the immediate area, adding thousands of new residential units within a short radius. The high foot traffic is further amplified by its proximity to major tourist attractions such as the World Trade Center, 9/11 Memorial, and Oculus. This vibrant neighborhood also features a diverse array of established businesses, including Joe's Pizza, Blank Street Coffee, Zucker's Bagels, Chipotle, Chick-fil-A, CVS, and Zara, ensuring a strong customer base. The property generates a Net Operating Income (NOI) of $166,903. This is an unparalleled opportunity to acquire a thriving retail space in one of Manhattan's most dynamic and accessible locations. Don't miss this chance to capitalize on the exceptional potential of this high-demand retail property.

    Property Features for 119 Fulton St

    General Information

    Property type
    Retail properties
    Square Feet
    4,200 SF

    Building Details

    Units
    1

    HighLights

    • 4,200 square foot retail condo for sale in New York, NY.
    • $166,903 Net Operating Income (NOI).
    • Located at 119 Fulton Street, New York, NY 10038, in a prime location near the Fulton Transit Center.
    • C6‑4 zoning.
    • 3,049 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    EggFund Loan Agency 119 Fulton Street ... Condominium Complex Ital Audio LLC Media Company Konkr Agency Corporate Office

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0069525
    Latitude
    40.7101015

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    FAQs

    What type of property is this?
    Retail property - High-traffic, 4,200 SF retail space.
    Where is this retail property located?
    The property is located at 119 Fulton St New York, NY.
    What are key features of this property?
    This property features: 4,200 square foot retail condo for sale in New York, NY.; $166,903 Net Operating Income (NOI).; Located at 119 Fulton Street, New York, NY 10038, in a prime location near the Fulton Transit Center.
    Request Owner's contact information
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    New York, NY 10038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Fulton St New York, NY 10038
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