Property profile

218 117th St New York, NY 10035

OFF-MARKET
Auto shops
Property ID
US63-0774377
2,523 SF 0.06 ac lot Built 1910
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional East Harlem office property, located at 218 & 220-226 East 117th Street, New York, NY 10035, offers a total of 25,000 square feet of versatile space. The building is currently configured for multiple tenancies, with 15,000 square feet immediately available. Individual suites of 7,500 square feet are the minimum divisible space, and the maximum contiguous space available is also 7,500 square feet. This presents a unique opportunity for businesses seeking a substantial presence in a vibrant and accessible location. The property is zoned to accommodate a wide range of uses, including but not limited to: urgent care centers, medical ambulatory diagnostic and/or treatment facilities, dialysis treatment centers, adult day care, nursery schools, charter schools, religious institutions, special needs academies, job training centers, and other similar uses. Situated in New York County, this property provides convenient access to public transportation and major thoroughfares, making it an ideal location for a variety of businesses. The building's substantial size and flexible layout offer significant potential for customization and growth. Inquire today to learn more about this exciting opportunity.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1910
Total area 2,523 SF
Lot 0.06 ac (2,523 SF)
Zoning code R7A
APN 01666-0039
UPID US63-0774377

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School

Location

218 117th St New York, NY 10035-4815
New York metro Census 18800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

Zoning & alternative use

R7A · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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