E 126th Street New York, NY 10035

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E 126th Street New York, NY 10035

$7,800,000.00

  • 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

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

Map

 

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