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205 E 120th St 3,168 SF 100% Leased Retail Building New York, NY 10035 $4,081,000 CAD ($1,288.19 CAD/SF) 5.44% Cap Rate
INVESTMENT HIGHLIGHTS
- High visibility
EXECUTIVE SUMMARY
Details & Highlights
• 4-Story Walk up building consisting of 4 Apartments & 1 commercial
• 100% Free-Market
• Located in Opportunity Zone
• Underwent major upgrades, including new gas lines, upgraded hallways, and external
improvements
• Each unit features its own separate heating system and hot water tank
• 9,322’ft available Air Rigts
• Well maintained building
• Located in the East Harlem section of Manhattan, near the Silberman School of Social
Work, and surrounded by a wide range of entertainment, shopping, and dining options,
as well as major transportation access, including the RFK Bridge and Harlem River Drive
• Within walking distance to the 116th Street Station ( trains)
• 4-Story Walk up building consisting of 4 Apartments & 1 commercial
• 100% Free-Market
• Located in Opportunity Zone
• Underwent major upgrades, including new gas lines, upgraded hallways, and external
improvements
• Each unit features its own separate heating system and hot water tank
• 9,322’ft available Air Rigts
• Well maintained building
• Located in the East Harlem section of Manhattan, near the Silberman School of Social
Work, and surrounded by a wide range of entertainment, shopping, and dining options,
as well as major transportation access, including the RFK Bridge and Harlem River Drive
• Within walking distance to the 116th Street Station ( trains)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,168 SF
Building Class
C
Year Built
1899
Price
$4,081,000 CAD
Price Per SF
$1,288.19 CAD
Cap Rate
5.44%
NOI
$221,930 CAD
Percent Leased
100%
Building Height
4 Stories
Building FAR
2.42
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
C4-4, New York - Commercial district
Frontage
26’ on 120Th St
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1785-0104 | Improvements Assessment | $39,871 CAD |
| Land Assessment | $6,353 CAD | Total Assessment | $46,225 CAD |
PROPERTY TAXES
Parcel Number
1785-0104
Land Assessment
$6,353 CAD
Improvements Assessment
$39,871 CAD
Total Assessment
$46,225 CAD
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205 E 120th St
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