158 119Th St, New York, NY 10035
This exceptional retail opportunity is located at 158 E 119th Street in the vibrant East Harlem neighborhood of New York City, New York County, zip code 10035. The property offers a single-tenant space totaling approximately 395 square feet, ideal for a variety of retail uses. This street-level retail space benefits from high foot traffic and visibility, situated amongst a thriving commercial corridor. Nearby businesses include Lexington Food Corp, Lexington Wine & Liquor, a deli, and other grocery stores, creating a synergistic environment for potential tenants. The property is offered on a modified gross lease basis at a rate of $70 per square foot. The space presents a fantastic chance for a business to establish a presence in a densely populated and dynamic area of Manhattan. The property's location provides easy access to public transportation, ensuring convenient access for both employees and customers. This is a rare opportunity to secure a well-positioned retail space in a rapidly developing neighborhood. The lease terms are flexible and negotiable, making this an attractive proposition for prospective tenants. Interested parties should contact the provided contact information for further details and to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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