79 125Th St New York, NY 10035
- Retail residential properties
- 12,100 SF
- 0.06 lot acres
Current Use by Public Records
- Checkers / Fast Food Restaurant / American Restaurant
- Casecam Repair / Security System Supplier
Property Details for 79 125Th St
- Year built
- 1900
- Lot size
- 0.06 lot acres
- Property size
- 12,100 SF
- Zone code
- C44D
- Property type
- Retail residential properties
- APN
- 01750-0032
- APU
- 17500032
Description
This exceptional 2,420-square-foot retail space at 79 E 125th Street in New York City, New York County, presents a unique investment opportunity. Currently vacant, this single-tenant property offers a blank canvas for a variety of commercial ventures. Its strategic location in Harlem provides unparalleled access to a vibrant and densely populated community. The property's previous use as a Wendy's restaurant suggests its suitability for quick-service restaurants or similar businesses requiring high visibility and convenient access. The building's total square footage is 2,420 square feet, all of which is currently available for lease. The address is 79 E 125th St, New York, NY 10035. Its convenient location is further enhanced by its proximity to Metro-North's 125th Street station and subway lines, ensuring excellent accessibility for both employees and customers. This turnkey property is ready for immediate occupancy, offering a significant advantage for businesses seeking a rapid launch in a high-traffic area. The property is classified as retail commercial real estate. Serious inquiries are encouraged to explore the potential of this prime location and capitalize on its exceptional attributes. The property is situated at latitude 40.8054738 and longitude -73.9394494.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,850,000
- 6.5%
- $7,655,000
- 7%
- $7,800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,505,000
- Geo Method
- $9,325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,585,000
- Retail
- $7,575,000
- Mixed-Use
- $8,630,000
- Hospitality
- $7,185,000
- Educational
- $7,960,000
- Residential Income
- $9,995,000
- Energy
- $8,715,000
- Income-Based Land
- $8,090,000
- Food Service
- $7,675,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9394
- Latitude
- 40.8055
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
