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120-126 E 131st St 26,676 SF 100% Leased Industrial Building New York, NY 10037 $12,563,280 CAD ($470.96 CAD/SF)
EXECUTIVE SUMMARY
• Flexible floor plates suitable for light industrial, wholesale, storage, medical, or
educational uses
• Durable concrete and rebar construction; 120 lbs. PSF floor load capacity
• Ceiling Heights: 1st Floor: 14.0’ | 2nd Floor: 14.2’ | 3rd Floor: 15.0’
• Open warehouse layout on 1st and 3rd floors; 2nd floor is a mix of open space
and office space
• Two roll-up drive-in doors up to 13’ clearance
• 10,000-lb capacity freight elevator with street access
• Includes access to a side alleyway with a ramp reaching the 2nd floor
Ideally located between Park and Lexington Avenues, the property offers excellent access to major transit: Harlem River Drive, Triboro, Third Avenue, and Willis Avenue bridges, plus the nearby 4/5/6 subway and Metro-North at 125th Street. With few M1-2 zoned industrial assets left in prime Manhattan, this is a rare opportunity for users or investors seeking versatile space in a highly accessible location
educational uses
• Durable concrete and rebar construction; 120 lbs. PSF floor load capacity
• Ceiling Heights: 1st Floor: 14.0’ | 2nd Floor: 14.2’ | 3rd Floor: 15.0’
• Open warehouse layout on 1st and 3rd floors; 2nd floor is a mix of open space
and office space
• Two roll-up drive-in doors up to 13’ clearance
• 10,000-lb capacity freight elevator with street access
• Includes access to a side alleyway with a ramp reaching the 2nd floor
Ideally located between Park and Lexington Avenues, the property offers excellent access to major transit: Harlem River Drive, Triboro, Third Avenue, and Willis Avenue bridges, plus the nearby 4/5/6 subway and Metro-North at 125th Street. With few M1-2 zoned industrial assets left in prime Manhattan, this is a rare opportunity for users or investors seeking versatile space in a highly accessible location
PROPERTY FACTS
| Price | $12,563,280 CAD | Lot Size | 0.23 AC |
| Price Per SF | $470.96 CAD | Rentable Building Area | 26,676 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1918 |
| Property Subtype | Warehouse | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | M1-2 - Light industrial with offices, hotels, and most retail uses permitted | ||
| Price | $12,563,280 CAD |
| Price Per SF | $470.96 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 26,676 SF |
| No. Stories | 3 |
| Year Built | 1918 |
| Opportunity Zone |
Yes |
| Zoning | M1-2 - Light industrial with offices, hotels, and most retail uses permitted |
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Walk Score®
Very Walkable (87)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 1779-0060 | Improvements Assessment | $972,149 CAD |
| Land Assessment | $208,546 CAD | Total Assessment | $1,180,695 CAD |
PROPERTY TAXES
Parcel Number
1779-0060
Land Assessment
$208,546 CAD
Improvements Assessment
$972,149 CAD
Total Assessment
$1,180,695 CAD
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120-126 E 131st St
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