- Single story warehouse development opportunity consisting of 6,376 SF of development rights
- Delivered Vacant
- Property located on popular retail strip on 3rd Ave with well known stores including Rite Aid, TD Bank, and McDonald’s
- One block from 3rd Ave / E 118th St [M101, M103] Bus Station and one block from 2nd Ave / E 121st St [M15] Bus Station
- Walking distance to 116th St [4, 6] Train Station
- Minutes to Central Park
- Price – $ 1,360,000
East 120th Street New York, NY 10035
$1,360,000.00
Details
- Single story warehouse development opportunity consisting of 6,376 SF of development rights
- Delivered Vacant
- Property located on popular retail strip on 3rd Ave with well known stores including Rite Aid, TD Bank, and McDonald’s
- One block from 3rd Ave / E 118th St [M101, M103] Bus Station and one block from 2nd Ave / E 121st St [M15] Bus Station
- Walking distance to 116th St [4, 6] Train Station
- Minutes to Central Park
- Price – $ 1,360,000
Additional Information
| Asset Type | Development |
|---|---|
| City | New York |
| Neighborhood | East Harlem |
| Broker | Mark Akilov |
| Price | $ 1,360,000 |
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This is a development opportunity. Burger King franchisee will vacate; the seller has a negotiated number to buy out the tenant. The tenant would like to come back to the property and lease space if possible. Buyer has this option.
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Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases -
100% Occupied retail Space for sale. Landlord is responsible for roof & structure. Landlord recently completed capital improvements on the roof and plumbing.
