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Development Site 202 E 119th St 1,087 SF Retail Building New York, NY 10035 $3,472,375 CAD ($3,194.46 CAD/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Walk to Transportation, Shopping & Schools
- Excellent Development Sight Location
EXECUTIVE SUMMARY
If your looking for a developement site in East Hrlem, Then this is one you will want to see. Located at the intersection of 3rd Avenue & 119th Street, with close access to public transportation, shopping, and the Second Avenue Extension coming soon. The site has 10,870 sq/ft of buildable space. Currently, the site host a one story church.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,087 SF
Building Class
C
Year Built
2021
Price
$3,472,375 CAD
Price Per SF
$3,194.46 CAD
Cap Rate
9%
NOI
$312,514 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.02 AC
Zoning
C4-6 - Multi-use zoning that includes retail, office, and general commercial
Frontage
38’ on East 119th Street
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1783-0050 | Improvements Assessment | $66,950 CAD |
| Land Assessment | $38,910 CAD | Total Assessment | $105,860 CAD |
PROPERTY TAXES
Parcel Number
1783-0050
Land Assessment
$38,910 CAD
Improvements Assessment
$66,950 CAD
Total Assessment
$105,860 CAD
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Development Site | 202 E 119th St
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