212 125Th StNew York, NY 10035

Property Details for 212 125Th St

Year built

2022

Lot size

0.37 AC

Property size (Sq ft)

136,380 SF

Zone code

C44D

Property type

Retail residential properties

APN

01789-0045

APU

17890045

Description

This exceptional retail opportunity is located on East 125th Street between Second and Third Avenues in the vibrant heart of Harlem. The property boasts a 2,700 square foot ground floor space, complemented by an 800 square foot basement for storage and a unique 1,000 square foot courtyard featuring a waterfall. The 10-foot frontage ensures high visibility in a high-traffic area, surrounded by established businesses including Taco Bell, Foot Locker, CityMD, and numerous restaurants. The space is delivered in white box condition, allowing for complete customization to suit your specific needs. The basement offers ample storage, and the courtyard provides an exceptional amenity for events or outdoor seating. This location benefits from excellent public transportation access via the 4, 5, and 6 subway lines, and the upcoming Second Avenue Subway expansion is projected to significantly increase foot traffic. All uses will be considered, making this a versatile space ideal for retail, entertainment, or event-based businesses. Immediate possession is available.

• CAP approach

  CAP return

  Valuation

  6%

  $25,706,800

  6.5%

  $23,729,300

  7%

  $22,034,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,175,800

  Geo Method

  $18,175,800

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $46,440,000

  Retail / Commercial

  $23,814,200

  Hospitality / Lodging

  $17,409,400

  Office

  $23,588,400

  Institutional / Educational

  $24,668,900

  Residential Income

  $28,862,600

  Multifamily

  $34,616,300

  Automotive / Energy

  $21,144,800

  Parking / Income-Based Land

  $7,296,810

  Restaurant / Food Service

  $12,341,800

  Healthcare / Senior Housing

  $24,334,000

Location Insight

City

New York

County

New York

State

New York

Latitude

40.803

Longitude

-73.9354

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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