Property profile

129 138Th St New York, NY 10030

OFF-MARKET
Specialty properties
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This turnkey daycare center at 129 West 138th Street, located in Harlem's Striver's Row submarket between Adam Clayton Powell Jr. Blvd and Malcolm X Blvd, presents a unique investment opportunity. The property boasts a substantial 4,400 square feet on the ground floor and an additional 1,350 square feet in the lower level, totaling 5,750 square feet of interior space. The facility is fully built-out and ready for immediate operation, featuring a fully equipped vented kitchen and food preparation area, perfect for preparing nutritious meals for young children. A functional dumbwaiter is in place for efficient transport between floors. The property is ADA compliant, including accessible entrances and restrooms designed for both adults and children. Significant signage opportunities exist on the building's facade, providing excellent visibility and branding potential. The property also includes a massive 4,500 square feet of outdoor space, ideal for children's play and activities. An HVAC system is already installed, ensuring year-round climate control. Furthermore, there's a potential for expansion by combining this property with the adjacent 131 West 138th Street, adding another 2,500 square feet of legal lower level space. This exceptional property offers a rare chance to acquire a thriving, established daycare center in a prime Harlem location. No key money is required.

Property profile

Verified
Property type Specialty properties

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
  • Daycare Center

Location

129 138Th St New York, NY 10030
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 129 138Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message