Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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