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    OFF-MARKET
    Specialty properties

    71 St Nicholas Ave, New York, NY 10026

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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