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    212 124Th St New York, NY 10027

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    For Lease
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    4,350 SF Retail Space - Available Now

    Lot size:
    4,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,350-square-foot retail space is ideally situated at 212 West 124th Street in the vibrant Harlem neighborhood of New York City, New York County. The property offers a single-tenant occupancy opportunity, presenting a blank canvas for a discerning business owner. The entire space, totaling 4,350 square feet, is currently vacant and ready for immediate occupancy. This presents a unique chance to establish a flagship location in a bustling area known for its rich history, diverse population, and growing commercial activity. The property's address, 212 West 124th Street, places it within easy reach of a significant pedestrian and vehicular traffic flow, ensuring high visibility and accessibility for your business. The zip code is 10027. This location offers unparalleled potential for a variety of retail concepts, from boutiques and restaurants to service-based businesses. The property's size allows for flexible layout options to accommodate diverse business needs. This is a rare opportunity to secure a substantial retail space in a highly desirable and rapidly developing area of Manhattan. The property is classified as retail and is available for lease. The geographic coordinates are latitude 40.8084577 and longitude -73.949497.

    Property Features for 212 124Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,350 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    4,350 SF

    HighLights

    • Community Center Zoning.
    • New Construction Residential Building.
    • Ideal for Adult Day Care Centers, Medical Offices, and Government/Non‑profit Organizations.
    • High‑traffic location near a major Harlem thoroughfare.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -73.949497
    Latitude
    40.8084577

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    FAQs

    What type of property is this?
    Retail property - 4,350 SF Retail Space - Available Now
    Where is this retail property located?
    The property is located at 212 124Th St New York, NY.
    What are key features of this property?
    This property features: Community Center Zoning.; New Construction Residential Building.; Ideal for Adult Day Care Centers, Medical Offices, and Government/Non-profit Organizations.
    Request Owner's contact information
    212 124Th 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
    212 124Th St New York, NY 10027
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