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