2147 2Nd AveNew York, NY 10029

Property Details for 2147 2Nd Ave

Year built

2008

Lot size

0.06 AC

Property size (Sq ft)

16,500 SF

Zone code

R9A

Property type

Retail residential properties

APN

01660-0024

APU

16600024

Description

This exceptional 1,800-square-foot retail space is ideally situated on Second Avenue between East 110th and 111th Streets in East Harlem, New York, NY 10029. Currently occupied by Women's World of Boxing, this ground floor location offers immediate possession and boasts a 10-foot frontage onto a bustling commercial corridor. The property benefits from exceptionally high foot traffic, making it an attractive opportunity for a variety of retail uses. Surrounding businesses include well-known national and local brands such as Dunkin' Donuts, Medrite, 7-Eleven, Taco Bell, Duane Reade, Patsy's Pizzeria, Costco, Animal Care Centers, and Wendy's, ensuring a strong customer base. The area also features significant community amenities including the Dwight School Athletic Center and Thomas Jefferson Park. Excellent public transportation access is provided by the 4, 6 subway lines and the M101, M102, and M103 bus routes. The asking rent is available upon request. This is a rare opportunity to secure a prime retail location in a vibrant and growing neighborhood. All uses will be considered.

• CAP approach

  CAP return

  Valuation

  6%

  $3,382,649

  6.5%

  $3,122,445

  7%

  $2,899,414

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,341,630

  Geo Method

  $3,341,630

• Alternative Use

  Use

  Valuation

  Residential

  $3,122,445

  Hospitality

  $2,860,143

  Educational

  $2,379,606

  Medical

  $2,461,444

  Retail

  $3,701,608

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7936

Longitude

-73.9407

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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