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    256 116Th St, New York, NY 10026

    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,387 square foot commercial space at 256 West 116th Street, 3rd Floor, in New York City's vibrant South Harlem submarket, presents a unique opportunity. The single-tenant space is ideal for a variety of uses, including traditional office, coworking, or creative office settings. Boasting abundant natural light from a wall of large windows, the layout currently features two private offices, a conference room, a spacious open area perfect for collaboration, a convenient kitchenette, a welcoming lobby, and two bathrooms. The property offers tenant-controlled HVAC for optimal climate control and provides 24-hour access for ultimate flexibility. Its prime location on a bustling South Harlem commercial corridor ensures high visibility and accessibility. The versatile design and desirable amenities make this a truly exceptional space for businesses seeking a dynamic and functional workspace in a thriving neighborhood. The property is classified as Retail, Office, and Special Purpose, and is located in New York County, NY, zip code 10026.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Liability Insurance Insurance Agency
    • Fort Amsterdam Capital Loan Service Bank
    • Privy Skin Care Medical Clinic Skin Care Clinic
    • Manhattan Discount Tree Services Landscaping General Contractor
    • Keycafe Shopping Center & Mall (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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