Property profile

69 125th St New York, NY 10035

OFF-MARKET
Retail residential properties
Property ID
US63-5583727
63,445 SF 0.25 ac lot Built 2016
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,531-square-foot retail space is ideally situated at 69 East 125th Street in the vibrant heart of Harlem, New York, NY 10035. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire building, totaling 3,531 square feet, is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a prominent location in a high-traffic area. The property's location within New York County provides excellent access to public transportation, ensuring high visibility and convenient access for customers. The address, 69 East 125th Street, is easily recognizable and memorable, contributing to strong brand recognition potential. This is a fantastic opportunity to establish or expand a retail presence in a thriving and dynamic neighborhood. The space is completely vacant, allowing for complete customization to suit the specific needs of the tenant. Serious inquiries are encouraged to explore this exceptional retail opportunity in one of New York City's most exciting and rapidly developing neighborhoods. The property is classified as commercial retail and offers a single tenancy arrangement. This presents a unique opportunity for a business seeking a prominent location in a high-traffic area. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2016
Total area 63,445 SF
Lot 0.25 ac (10,790 SF)
Zoning code C44D
APN 01750-0028
UPID US63-5583727

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
  • Take-out & Catering Grocery & Convenience Store
  • Citizen Information Bureau
  • Apartment Building

Location

69 125th St New York, NY 10035-1615
New York metro Census 19800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$31.11M
Comparable Approach Comparable
$35.90M
Blend (final) Blend
$28.57M

Owner & transaction history

since 2023
Last sale
$28.2M
7 recorded transactions
2023
$28.2M
2018
Price N/A
2015
Price N/A
2014
$6.3M
2014
Price N/A
2006
$1.8M
1969
Price N/A

Zoning & alternative use

C44D · New York, NY
Top alternative use upside
Office building $40.5M +86.3%
Apartment house (5+ units) $34.3M +57.9%

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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