Property profile

135 125Th St New York, NY 10035

OFF-MARKET
Retail properties & Spaces
10,940 SF
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Total area 10,940 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
  • Pharmacy
  • Pharmacy
  • Restaurant
  • Food Market Restaurant
  • Postal Service Courier Service

Location

135 125Th St New York, NY 10035
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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