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135 125Th St New York, NY 10035

10,940 SF Prime Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 10,940-square-foot commercial space, located at 135 E 125th Street in New York City, presents a unique investment opportunity. The property is a single-tenant space, currently vacant, and boasts a prime corner location on the highly trafficked East 125th Street (also known as Dr. Martin Luther King Jr. Boulevard), at its intersection with Lexington Avenue. The area is densely populated and features a strong retail presence, with nearby establishments including Popeyes, Baskin-Robbins, Foot Locker, and Chase Bank. Excellent public transportation access is a key advantage, with multiple subway lines (2, 3, 4, 5, 6) readily available at nearby stations (125th, 116th, and 135th Streets). Commuters also benefit from proximity to the Harlem 125th Street and Yankee Stadium commuter rail stations. LaGuardia Airport is also within minutes. The building offers 24-hour access and security. This is a sublease opportunity with a lease expiration date of October 31, 2026, and requires a coterminous lease. The asking rent is $400,000 per annum on a modified gross basis. The property is situated in New York County, NY, 10035. This is an ideal location for a business seeking high visibility and convenient access to a large customer base.

Highlights

  • 10,940 SF vacant commercial space at 135 E 125th St, NYC.
  • Prime corner location on E 125th St (Dr. Martin Luther King Jr. Blvd) & Lexington Ave.
  • Strong retail area with nearby national tenants.
  • Excellent public transportation access (2, 3, 4, 5, 6 subway lines, commuter rail).
  • Sublease opportunity, expiring 10/31/2026, coterminous lease required.
  • $400,000 annual rent (modified gross).

Property Details for 135 125Th St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
10,940 SF

Unit(s) available at that property

Space
Available Space
Size
10,940 SF

Location Insight

City
New York
County
New York
State
New York
Latitude
40.8047085
Longitude
-73.9375651

FAQs

What type of property is this?
Retail property - 10,940 SF Prime Retail Opportunity
Where is the retail property located?
The property is located at 135 125Th St New York, NY.
What are key features of this property?
This property features: 10,940 SF vacant commercial space at 135 E 125th St, NYC.; Prime corner location on E 125th St (Dr. Martin Luther King Jr. Blvd) & Lexington Ave.; Strong retail area with nearby national tenants.
How can I contact the broker?
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135 125Th St
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