192 Lenox Ave New York, NY 10026
- Retail properties
- 1,608 SF
Current Use by Public Records
- Retail properties
Property Details for 192 Lenox Ave
- Property size
- 1,608 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 1,608 square foot retail property at 192 Lenox Avenue in New York, NY 10026 presents a compelling investment opportunity. Located in the vibrant Harlem neighborhood of Manhattan, this single-story, free-standing building offers a versatile space currently configured as a restaurant and storefront. The property boasts a strong net operating income (NOI) of $73,698, reflecting the consistent profitability of the current tenant. The lease has a remaining term of three years, providing immediate cash flow and long-term potential. The tenant is responsible for 100% of taxes after the base year, minimizing owner expenses. Ideal for a light food establishment or bakery cafe, the space is well-suited for a variety of culinary concepts. The property's prime location within a bustling commercial area ensures high visibility and foot traffic. This is a rare chance to acquire a profitable retail property in a highly sought-after New York City location. The property is privately owned and offers a single unit within a single building. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9476
- Latitude
- 40.8042
