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Property profile

2276 12Th Ave New York, NY 10027

OFF-MARKET
Retail properties & Spaces
5,793 SF
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Property summary

AI-generated overview

This exceptional retail opportunity in West Harlem, Manhattanville, presents two available spaces totaling 5,793 square feet, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 4,793 square feet. Located at 2276 12th Ave, New York, NY 10027, this property boasts a highly desirable location, situated near the intersection of St. Claire's Place, 12th Avenue, and W 125th Street. The property is zoned M1 and benefits from its proximity to a significant concentration of educational institutions, including Columbia University, City College of New York, Barnard College, and several others. The area has experienced substantial recent investment in commercial, residential, and retail sectors, contributing to a vibrant and high-quality neighborhood. The adjacent Columbia University Manhattanville campus, a large-scale development encompassing teaching, research, housing, and support services, further enhances the area's appeal and potential for growth. This campus includes notable facilities such as the Jerome L. Greene Science Center, the Lenfest Center for the Arts, and the soon-to-open Columbia Business School. The property's high-traffic location is further amplified by the presence of a popular, high-volume restaurant, Dinosaur BBQ, operating adjacent to the site. This presents a unique opportunity for businesses seeking exposure to a dense population of students, faculty, residents, and visitors. The property's size flexibility allows for a range of retail concepts, catering to the diverse needs of the community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,793 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • University

Location

2276 12Th Ave New York, NY 10027
New York metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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