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Property profile & analytics
OFF-MARKET Estimated value $7,815,000
Investment properties

261 125th St New York, NY 10027-4744

29,976 SF 0.23 ac lot Built 2013
Entity Owned 18-yr Hold Free & Clear
Property ID
US63-3421287
Property summary
AI-generated overview

This exceptional commercial property at 261 W 125th St in New York City offers a unique opportunity for businesses seeking executive office space in the vibrant Harlem neighborhood. The building, totaling 10,045 square feet, is currently fully vacant and available for lease. The flexible layout allows for multiple tenancy options, with a minimum divisible space of 645 square feet and a maximum contiguous space of 8,000 square feet. The property is categorized as Retail, Office, and Restaurant, making it suitable for a variety of uses. The building comprises three individual suites, providing ample space for individual businesses or a larger organization seeking to occupy the entire building. Located in New York County, with a convenient address at 261 W 125th St, New York, NY 10027, this property benefits from excellent visibility and accessibility. The entire 10,045 square feet is available for lease, presenting a rare chance to secure a significant presence in a thriving urban location. This is an ideal opportunity for businesses seeking a high-profile address in a dynamic and rapidly developing area of Manhattan. Interested parties are encouraged to inquire for further details and leasing options.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2013
Total area 29,976 SF
Lot 0.23 ac (9,992 SF)
Zoning code C4-7
APN 01931-0006
UPID US63-3421287
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
  • Blick Art Materials - Custom Printing & Framing (Bike/Boat/Book/etc) Store Home Decor Store
  • Blick Art Supply (Bike/Boat/Book/etc) Store
  • Blick Art Materials (Bike/Boat/Book/etc) Store
  • Banana Republic Factory Store Jeans Shop Dress Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.82M
Owner & transaction history
Commonwealth Local Development · 18 yrs held
Commonwealth Local Development
since 2008
2 recorded transactions
2008
$5.8M
1969
Price N/A
Zoning & alternative use
C4-7 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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