71 St Nicholas Ave, New York, NY 10026
This exceptional 1,250-square-foot special purpose property, situated at 71 Saint Nicholas Avenue in the vibrant Harlem neighborhood of Manhattan, presents a unique investment opportunity. The building is a single-tenant facility, offering ease of management and potential for long-term stability. Its strategic location between West 114th Street and West 113th Street provides convenient access to the 2 and 3 subway lines at 116th Street, ensuring excellent connectivity for both staff and patrons. Furthermore, a robust network of bus lines, including the M2, M116, M7, M3, M4, M102, and M10, enhances accessibility. The property benefits from a thriving commercial environment, surrounded by a diverse range of established businesses. Nearby establishments include kIAKOSMETIK SPA, DryClean NYC, Create Food Pantry, Harlem Heritage Tourism and Cultural Center, Baskin-Robbins, FlynnO'Hara Uniforms, Dunkin', Fit Theorem, Blink Fitness, Children's Aid: Milbank Health Center, Tropilyz 116th, Amy Ruth's, Melba's Restaurant, Cantina Taqueria & Tequila Bar, Citizens, and Banfield Pet Hospital, among others. This high-traffic area ensures significant visibility and potential for strong tenant occupancy. The property is located in New York County, New York, with a zip code of 10026. This presents a compelling opportunity for investors seeking a well-positioned property in a dynamic and rapidly developing area.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
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.