218 117Th StNew York, NY 10035

Property Details for 218 117Th St

Year built

1910

Lot size

0.06 AC

Property size (Sq ft)

2,523 SF

Zone code

R7A

Property type

Auto shops

APN

01666-0039

APU

16660039

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $613,177

  6.5%

  $566,010

  7%

  $525,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $830,731

  Geo Method

  $830,731

• Alternative Use

  Use

  Valuation

  Residential

  $477,450

  Hospitality

  $437,342

  Educational

  $363,863

  Medical

  $376,377

  Retail

  $566,010

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7981

Longitude

-73.9388

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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