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    129 138Th St, New York, NY 10030

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    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
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    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Shugah Baybees Child Development Center Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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