527 W 125th St - Office FOR SALE


New York, NY 10027- Manhattanville
$10,000,000 USD
212-655-0625
527 W 125th St, New York, NY for Sale
$10,000,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

527 W 125th St
New York, NY 10027
Manhattanville


HIGHLIGHTS

  • Large, central lot use for redevelopment or investment

OVERVIEW

527 West 125th Street is a mixed-use redevelopment opportunity with 41,000 buildable square feet and 100’ of frontage on West 125th Street. The property currently features a 4-story, approximately 33,000 square foot office building occupied by Our Children’s Foundation. The property lies on the north side of 125th street between Broadway and Amsterdam Avenue. As outlined in this offering memorandum, 527 West 125th Street presents developers with the opportunity to redevelop 100’ of frontage on West 125th Street while revitalizing Harlem’s long standing Our Children’s Foundation. 527 West 125th Street benefits greatly from its location half a block from the new 6.8 million square foot Columbia University Manhattanville campus. In addition, The Factory District, a nearly 1 million square foot mixed-use development lies just a block East of Our Children’s Foundation. The Factory District is planned to consist of office, retail, hospitality and residential components. 125th Street is known for being Northern Manhattan’s strongest retail corridor, home to national retailers such as Whole Foods, Burlington Coat Factory, Old Navy, and more. The subject property also benefits greatly from its close proximity to the 1 A B C & D trains.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R7A / C2-4 / 125

APN/PARCEL ID

1982-0010

ASK ABOUT THIS PROPERTY

Eric RothNewmarkMore Info
212-655-0625

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Eric RothNewmarkMore Info
212-655-0625

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.