527 W 125th St | New York, NY 10027
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527 W 125th St
New York, NY 10027
Office Property For Sale
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 Under Contract
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
33,008 SF
Building Class
C
Year Built
1905
Price
$11,950,000
Price Per SF
$362
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.
PROPERTY TAXES
Parcel Number | 1982-0010 | Improvements Assessment | $858,420 |
Land Assessment | $253,350 | Total Assessment | $1,111,770 |
PROPERTY TAXES
Parcel Number
1982-0010
Land Assessment
$253,350
Improvements Assessment
$858,420
Total Assessment
$1,111,770
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