Retail Building on Prime West 125th Street Commercial Corridor Ready for Development | FOR SALE

$7,250,000

268 West 125th Street, New York, NY 10027

For Sale

Commercial Mixed Use

Active

Last Updated: 02/21/2025

Lot Area: 5,046 sqft

Price Per Sqft: $1,437

Price Per Unit: $239

Zoning: C6-3 / C4-4D, 125th (R9 Residential Equivalent)

Buildable Area: 40,368 sqft

Vacant 10,000 sq. ft. retail building on West 125th Street, 5,000 sq. ft. rentable above grade and 5,000 sq. ft. below grade for storage
Located within the Special 125th Street District
Over 40,000 buildable SF using Voluntary Inclusionary Housing and commercial
Over 30,000 buildable SF with the Base FAR of 6 for residential and commercial
Benefits from NYC Zoning Resolution 97-422
$1,200sqft condo market and Mid-$60/SF rental market and an average of $125/SF for ground floor retail along 125th Street
Located minutes away from the Halsey St Subway Station (L-Train)
1 block from the A, C, B, D subway stop on 125th and St. Nicholas Ave
Surrounded by National and Local Retailers

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