- Two contiguous brick elevator office buildings located in East Harlem built 16,220 SF total.
- 53-foot frontage on 126th St commercial corridor.
- Building currently has four tenants.
- Lease expires in April 2021, which makes this a great conversion/re-development opportunity. Property is located in the opportunity zone.
- Voluntary inclusionary housing brings the total buildable SF to 38,129
- Properties are walking distance to 125th Street [4,5,6] Train Station.
- Properties are located near 125th Street [2,3] Train Station.
- Price – $ 7,800,000
- Cap – 4.4%
- GRM – 16.3
E 126th Street New York, NY 10035
$7,800,000.00
Details
- Two contiguous brick elevator office buildings located in East Harlem built 16,220 SF total.
- 53-foot frontage on 126th St commercial corridor.
- Building currently has four tenants.
- Lease expires in April 2021, which makes this a great conversion/re-development opportunity. Property is located in the opportunity zone.
- Voluntary inclusionary housing brings the total buildable SF to 38,129
- Properties are walking distance to 125th Street [4,5,6] Train Station.
- Properties are located near 125th Street [2,3] Train Station.
- Price – $ 7,800,000
- Cap – 4.4%
- GRM – 16.3
Additional Information
| Asset Type | Office |
|---|---|
| City | New York |
| Neighborhood | East Harlem |
| Broker | Sadya Liberow, Elli Khafizov |
| Price | $7,800,000 |
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