Property profile

149-169 125Th St New York, NY 10035

OFF-MARKET
Retail properties & Spaces
45,941 SF
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Property summary

AI-generated overview

Gotham Plaza, located at 149-169 E 125th St in New York, NY 10035, presents a unique opportunity for retail businesses seeking a prime location in a vibrant and densely populated area of Harlem. This three-level, mixed-use property boasts a total of 45,941 square feet, offering multiple tenancy options. Currently, there are two available suites totaling 37,632 square feet of vacant space. The minimum divisible space is 4,170 square feet, while the maximum contiguous space available is 33,462 square feet. The property is strategically situated between Lexington and Third Avenues on 125th Street, a corridor known for its high foot traffic, strong residential development, and a skilled workforce. Excellent public transportation access further enhances its appeal. Gotham Plaza benefits from its location at the base of a 250-unit multifamily residential building, providing a built-in customer base. The property also features 25,000 square feet of ground floor retail space, creating a dynamic and bustling commercial environment. This exceptional location offers unparalleled access to one of the highest daytime populations in New York City. This is an exceptional opportunity to establish a presence in a thriving and rapidly developing neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Total area 45,941 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
  • Shopping Center & Mall

Location

149-169 125Th St New York, NY 10035
New York metro
Google Maps

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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