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512 W 181st St
25,400 SF Office Building New York, NY 10033 $9,500,000 ($374.02/SF)
INVESTMENT HIGHLIGHTS
- 512 W 181st Street gives owners/users and investors an opportunity to purchase a versatile commercial building in the Washington Heights neighborhood.
- Located within walking distance of Highbridge Park near industry-leading tenants, such as Starbucks, Target, Capital One, Chick-fil-A, and more.
- Conveniently travel to and from the property with easy access to the 1 and A subway trains, the George Washington Bridge, Interstate 95, and beyond.
- Ideal for medical, office, retail, or community use and is located on a prominent commercial corridor with heavy pedestrian and vehicle traffic.
- Prominent building features include 45 feet of frontage, signage opportunities, 14’6” ceiling heights, and mostly open and expansive full floors.
- Valuable pre-existing CURB CUT
EXECUTIVE SUMMARY
Purchase this building as an owner/user or buy it as an investment for a single-tenant or multi-tenant experience. 512 W 181st Street is ideal for medical, office, and retail use with expansion potential for community facility uses. Additional property features include 45 feet of frontage and building signage opportunities within a densely populated neighborhood that experiences high vehicle and foot traffic.
Starbucks, Chipotle, Capital One, Target, Chase, Chick-fil-A, and many other national retailers lease space along the prominent W 181st Street corridor. Access to the 1 and A subway trains are only steps away from the property, providing direct access to the Upper West Side, Midtown Manhattan, and many other New York City destinations. 512 West 181st Street is just a few blocks from the Interstate 95 on-ramp and the George Washington Bridge, with efficient connectivity to the Major Deegan Expressway (Interstate 87) and the Cross Bronx Expressway.
SALE FLYER
PROPERTY FACTS
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Largely open space featuring a mezzanine leading to a lower level, with two floors of open space above street level. Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
Largely open space featuring a mezzanine leading to a lower level, with two floors of open space above street level. Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
| Space | Size | Space Use | Condition | Available |
| Lower Level | 6,350 SF | Office/Medical | Shell Space | Now |
| 1st Floor | 6,350 SF | Office/Medical | Shell Space | Now |
| 2nd Floor | 6,350 SF | Office/Retail | - | Now |
| 3rd Floor | 6,350 SF | Office/Retail | - | Now |
Lower Level
| Size |
| 6,350 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size |
| 6,350 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 6,350 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 6,350 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| Now |
Lower Level
| Size | 6,350 SF |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Largely open space featuring a mezzanine leading to a lower level, with two floors of open space above street level. Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
1st Floor
| Size | 6,350 SF |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Largely open space featuring a mezzanine leading to a lower level, with two floors of open space above street level. Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
2nd Floor
| Size | 6,350 SF |
| Space Use | Office/Retail |
| Condition | - |
| Available | Now |
Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
3rd Floor
| Size | 6,350 SF |
| Space Use | Office/Retail |
| Condition | - |
| Available | Now |
Conveniently located on 181st Street between Audubon Avenue and Amsterdam in Upper Manhattan. Rent ranges from $40 to $50 per square foot, depending on the amount of square footage leased.
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Chick-Fil-A | - | - | 3 min walk |
| Chipotle | - | - | 5 min walk |
RETAIL |
||
|---|---|---|
| United States Postal Service | Business/Copy/Postal Services | 1 min walk |
| Target | Dept Store | 3 min walk |
| Capital One | Bank | 4 min walk |
PROPERTY TAXES
| Parcel Number | 2152-0070 | Improvements Assessment | $1,135,350 |
| Land Assessment | $99,900 | Total Assessment | $1,235,250 |
PROPERTY TAXES
SALE ADVISOR
SALE ADVISOR
Barry Goodman, Senior Managing Director
As an owner’s representative, Goodman has acted on behalf of many prominent landlords and properties, including The Milstein Organization, Lawrence Ruben Company, The New York Power Authority, The Halpern Family, The Related Companies and Rose Associates. Some of Goodman’s most significant representations include 1 Dag Hammarskjold Plaza; 625 Madison Avenue; 1372 Broadway; 600 Madison Avenue; 123 Main Street, White Plains; the offices at the Continental (883 Avenue of the Americas); and 451 Park Avenue South.
Goodman represents a diverse group of tenants, including clients from the financial, foreign diplomacy, not-for-profit, healthcare, entertainment, legal and retail sectors. Among the most noteworthy clients he has worked with are Emigrant Savings Bank, CIGNA, the governments of Peru, Ecuador, Guatemala, Panama and Kenya, The New York Power Authority, Lifespire Inc., Columbia University, Mount Sinai Hospital, Montefiore Hospital, the Recording Industry Association of America, Bed Bath & Beyond, Dewey Ballentine, Raymond James Financial, the American Association of Retired Persons, Lan Chile Airlines, Avianca Airlines, The Charles Wang Foundation, The Benetton Family and Cipriani.
Goodman has also arranged numerous sales, including the disposition of 1811 Metzerott Road, a 90-unit multi-family complex in Adelphi, MD. He has completed sales to Berkshire Bank for its New York headquarters, New York Road Runners Club, Sale of 1180 Morris Park Avenue to Montefiore Hospital, the Peruvian Consulate in New York, the United Arab Emirates Mission to the United Nations, the Oaktree Plaza on Long Island and the sale of a commercial condominium to the government of Ecuador at 800 Second Avenue.
Goodman is a member of the Real Estate Board of New York, the New York Real Estate Board Plaza Committee, The Americas Society and the Young Men’s Real Estate Division of the Albert Einstein College of Medicine. He served on the subcommittee on Budget Finance and Taxation for the Mayor’s Economic Development Advisory Committee and is on the advisory board of Neighborhood Housing Services of New York and is on the board of directors of The Shield Institute.
CONTACTS
-
Barry
Goodman
-
Hamilton Kane Martin Enterprises Salvatore DiCarlo -
Hamilton Kane Martin Enterprises Jared DeLew
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512 W 181st St
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