Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

527 W 125th St 33,008 SF Office Building New York, NY 10027 $10,000,000 ($302.96/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Large, central lot use for redevelopment or investment

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
33,008 SF
Building Class
C
Year Built
1905
Price
$10,000,000
Price Per SF
$302.96
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,000 SF
Building FAR
3.29
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
R7A / C2-4 / 125 - Located on the west side of bustling 125th St near Columbia University and Barnard College.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Our Children's Foundation
  • Educational Services
  • 33,000 SF
  • -
  • Modified Gross
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Our Children's Foundation Educational Services 33,000 SF - Modified Gross -
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1982-0010
Land Assessment
$253,350
Improvements Assessment
$851,580
Total Assessment
$1,104,930
  • Listing ID: 20347326

  • Date on Market: 7/21/2020

  • Last Updated:

  • Address: 527 W 125th St, New York, NY 10027

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}