192 Lenox Ave, New York, NY 10026
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.
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.