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Property profile

429 127Th St New York, NY 10027

OFF-MARKET
Specialty properties
15,900 SF Built 1936
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Property summary

AI-generated overview

This exceptional 15,900-square-foot retail and special purpose property, located at 429 W 127th Street in Manhattan's Harlem submarket (Manhattanville cluster), presents a unique investment opportunity. Built in 1936 and renovated in 2008, this Class C building boasts a single tenancy and offers a fully built-out space ideal for a variety of uses, including showroom and gym spaces. The ground floor comprises 5,295 square feet, divisible to suit tenant needs, and features approximately 100 feet of frontage. Soaring 30-foot high ceilings create a dramatic and spacious atmosphere. The property includes existing HVAC and ADA-compliant bathroom facilities, and a mostly open layout allows for flexible design. The potential for backyard outdoor seating adds significant value. Multiple entrances, including two drive-ins, enhance accessibility and convenience. Strategically situated on a two-way route out of Manhattan and just off Amsterdam Avenue, this location benefits from high visibility and easy access. Its proximity to City College of New York, Columbia University, and the vibrant 125th Street retail corridor ensures high foot traffic and a strong customer base. Venting capabilities are available. The property is in New York County, NY, zip code 10027, between Amsterdam and Convent Avenues.

Property profile

Verified
Property type Specialty properties
Year built 1936
Total area 15,900 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Law Firm
  • Modern Art Museum

Location

429 127Th St New York, NY 10027
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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