Property profile

616 207Th St New York, NY 10034

OFF-MARKET
Retail properties & Spaces
300 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 300 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
  • Atm
  • Mobile Phone Store Electronics & Wireless Store
  • Hair Salon Nail Salon
  • Food Market Restaurant
  • Atm

Location

616 207Th St New York, NY 10034
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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