1431 Saint Nicholas Ave
New York, NY 10033
Commerce de détail Propriété À vendre

BKREA has been exclusively retained to sell 1431 St. Nicholas Avenue, a highly visible corner commercial property located at the intersection of St. Nicholas Avenue and West 182nd Street in the heart of Washington Heights. The Property comprises approximately 6,748 square feet of rentable area on a 7,000-square-foot lot and is fully leased to Jung Beauty Supply and the U.S. Government, offering both stable, in-place cash flow and future repositioning potential.
Occupying one of Upper Manhattan’s busiest retail corridors, the Property enjoys tremendous frontage and exposure along St. Nicholas Avenue, surrounded by a mix of national retailers, local businesses, and dense residential housing. The area benefits from strong pedestrian traffic, a result of its proximity to multiple subway lines (A, C, and 1 trains), community institutions, and everyday neighborhood amenities.
Washington Heights has experienced steady growth and reinvestment over the past decade, driven by its affordability, access to major employment centers, and ongoing development in the retail, healthcare, and housing sectors. With a growing population and a diverse mix of residents, the neighborhood continues to attract long-term investors seeking durable income and appreciation potential.
Offering a prime corner location, credit tenancy, and exposure within a thriving submarket, 1431 St. Nicholas Avenue represents a compelling opportunity to acquire a well-located commercial asset with strong fundamentals and enduring market appeal.