Property profile

349 109Th St New York, NY 10029

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 900-square-foot retail space at 349 E 109th Street in New York, NY 10029, presents a unique opportunity for food-focused businesses. Conveniently located just off 1st Avenue and 109th Street, this single-tenant property boasts a turnkey setup perfect for immediate occupancy. The space features an 18-foot frontage, providing excellent street visibility and accessibility for customers. Existing infrastructure includes a fully vented kitchen with a 12-foot hood, a 2-inch gas line, and a walk-in freezer, significantly reducing initial setup costs and time. The property also offers two accesses to the basement, providing ample storage or additional operational space. The monthly rent is $6,000. This is an ideal location for a restaurant or other food-related retail business seeking a move-in ready space with all the necessary equipment and utilities already in place. The property's prime location in East Harlem ensures high foot traffic and visibility, making it an attractive proposition for any discerning entrepreneur. Don't miss this chance to secure a thriving business location in a vibrant and growing neighborhood.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Restaurant
  • Restaurant
  • (Bike/Boat/Book/etc) Store Printing Service

Location

349 109Th St New York, NY 10029
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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