26 E 125th St - Storefront Retail/Office FOR SALE


New York, NY 10035- East Harlem
$6,500,000 USD
914-424-2314
26 E 125th St, New York, NY for Sale
$6,500,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 6.72% Cap Rate

26 E 125th St
New York, NY 10035
East Harlem


OVERVIEW

Investment Property Realty Group (IPRG) has been retained on an exclusive basis to arrange for the sale of 26 East 125th Street, a 3-story + mezzanine, and partially finished cellar, commercial building totaling 11,808 SF. The property is fully leased, with USA Vein Clinic occupying the ground floor & mezzanine, and Harlem’s Children’s Zone occupying the 2nd & 3rd Floors. The property features 37.5’ of frontage on 125th Street and elevator service from cellar to roof. It is ideally located on the south side of 125th Street between Madison & 5th Avenues, surrounded by numerous retailers and new developments. The property benefits from proximity to the 4, 5, 6 subways at 125th Street & Lexington Avenue, the Metro North station at 125th Street & Park Avenue, and the 1, 2, 3 subways at 125th Street & Lenox Avenue. TOTAL SF BREAKDOWN: • Cellar: ~2,900 SF • Ground Floor: ~2,700 SF • Mezzanine: ~1,200 SF • 2nd Floor: ~2,500 SF • 3rd Floor: ~2,500 SF

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$550 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,936 SF

ZONING

C4-4A

APN/PARCEL ID

1749-0059

ASK ABOUT THIS PROPERTY

Robert RappaInvestment Property Realty GroupMore Info
914-424-2314

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Robert RappaInvestment Property Realty GroupMore Info
914-424-2314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.