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    509 125Th St New York, NY 10027

    Sponsored
    For Lease
    $90 SF/Yr

    2,000 SF Ground Floor + Basement

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity presents 2,000 square feet of ground floor space, complemented by an additional 2,000 square feet in the basement. Located on West 125th Street in the vibrant Morningside Heights neighborhood of Harlem, this single-tenant property boasts a prime location with high foot traffic. The property's versatility allows for a wide range of uses, including food-related businesses. The expansive square footage offers ample space for a variety of retail concepts, providing significant potential for growth and success. The strategic location on West 125th Street and its proximity to Amsterdam Avenue ensures high visibility and accessibility for customers. This is an ideal space for businesses seeking a strong presence in a thriving and densely populated area. The combination of ground floor and basement space provides flexibility for inventory storage, preparation areas, or additional customer amenities. This property represents a unique chance to establish a successful business in a highly desirable Harlem location. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space. All uses are considered, making this a truly versatile and attractive investment opportunity. The high foot traffic ensures a constant flow of potential customers, maximizing the potential for revenue generation.

    Property Features for 509 125Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $90

    HighLights

    • 2,000 sq. ft. ground floor retail space.
    • Additional 2,000 sq. ft. basement.
    • Suitable for various uses, including food establishments.
    • Prime Morningside Harlem location with high foot traffic.
    • Located on West 125th Street near Amsterdam Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm Luis Furniture Furniture Store

    Suggested Use

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

    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
    -73.956184937403
    Latitude
    40.813907146324

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    FAQs

    What type of property is this?
    Retail property - 2,000 SF Ground Floor + Basement
    Where is this retail property located?
    The property is located at 509 125Th St New York, NY.
    What is the lease rate?
    The lease rate is $90 SF/Yr.
    What are key features of this property?
    This property features: 2,000 sq. ft. ground floor retail space.; Additional 2,000 sq. ft. basement.; Suitable for various uses, including food establishments.
    Request Owner's contact information
    509 125Th St New York, NY 10027
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    New York, NY 10027
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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
    509 125Th St New York, NY 10027
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