616 207Th St, New York, NY 10034
This 300 square foot retail space at 616 W 207th Street, New York County, offers a fantastic opportunity for a single-tenant business. Located steps from the corner of Broadway and 207th Street, this property benefits from over 13,000 vehicles per day passing on Broadway, ensuring high visibility and foot traffic. Its proximity to the 207th Street (A) subway line provides excellent accessibility for customers. The space previously housed Alex Shoes Repair and features approximately 10 feet of street frontage, ideal for showcasing your business. The interior offers 300 square feet of adaptable space, perfect for a variety of retail uses. Possession is to be arranged to suit the buyer's needs. This location provides a unique blend of high traffic volume and convenient public transportation, making it an exceptional investment opportunity in a vibrant New York City neighborhood. The property is a single-tenant space, offering simplicity and control for the new owner. The building is situated in New York County, offering access to a diverse customer base. This is a rare chance to acquire a well-positioned retail space in a high-traffic area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.