Property summary
This exceptional 10,940-square-foot commercial space, located at 135 E 125th Street in New York City, presents a unique investment opportunity. The property is a single-tenant space, currently vacant, and boasts a prime corner location on the highly trafficked East 125th Street (also known as Dr. Martin Luther King Jr. Boulevard), at its intersection with Lexington Avenue. The area is densely populated and features a strong retail presence, with nearby establishments including Popeyes, Baskin-Robbins, Foot Locker, and Chase Bank. Excellent public transportation access is a key advantage, with multiple subway lines (2, 3, 4, 5, 6) readily available at nearby stations (125th, 116th, and 135th Streets). Commuters also benefit from proximity to the Harlem 125th Street and Yankee Stadium commuter rail stations. LaGuardia Airport is also within minutes. The building offers 24-hour access and security. This is a sublease opportunity with a lease expiration date of October 31, 2026, and requires a coterminous lease. The asking rent is $400,000 per annum on a modified gross basis. The property is situated in New York County, NY, 10035. This is an ideal location for a business seeking high visibility and convenient access to a large customer base.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Pharmacy
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Restaurant
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Food Market Restaurant
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Postal Service Courier Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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