268 West 125th Street, NY

Retail Building on Prime West 125th Street Commercial Corridor Ready for Development

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Overview

Key Highlights

  • Price $7,250,000
  • $/BSF $180
  • Location 125th Street Commercial Corridor
  • Buildable SF 40,368

Investment Highlights

• Vacant 10,000 sq. ft. retail building on West 125th Street, 5,000 sq. ft. rentable above grade and 5,000 sq. ft. below grade for storage

• Located within the Special 125th Street District

• Over 40,000 buildable SF using Voluntary Inclusionary Housing and commercial

• Over 30,000 buildable SF with the Base FAR of 6 for residential and commercial

• Benefits from NYC Zoning Resolution 97-422
• $1,200sqft condo market and Mid-$60/SF rental market and an average of $125/SF for ground floor retail along 125th Street

• Located minutes away from the Halsey St Subway Station (L-Train)

• 1 block from the A, C, B, D subway stop on 125th and St. Nicholas Ave

• Surrounded by National and Local Retailers

Location

Our Team

Alexander Taic

Alexander Taic

Ariel Property Advisors
212.544.9500 Ext. 44

Drew McWilliams

Associate Director - Investment Sales
Ariel Property Advisors

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