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    OFF-MARKET
    Commercial real estate

    158 119Th St, New York, NY 10035

    Property ID
    US63-0827186
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-0827186
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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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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