Office

124-132 East 124th Street, New York, NY 10035 – East Harlem
Asking Rent: $20,000/month
Use: Community Non-Profit Headquarters / Medical Center / Light Industrial / Educational Facility
Size: 5,000 sq ft
Property Type: Commercial / Office Space
Lease Type: Commercial Lease
Estimated Annual Rent: $240,000
Price per Sq Ft: ~$48/sq ft/year | ~$4.00/sq ft/month

Property Overview
This 5,000-square-foot commercial space at 124-132 East 124th Street is a large, value-oriented offering on a major East Harlem corridor. With an asking rent of $20,000 per month, this space provides a very low price per square foot for substantial square footage, making it accessible for organizations or businesses that require significant operational space. It is ideal for a community non-profit, healthcare provider, vocational training center, light manufacturing, or church/assembly space serving the vibrant local population.

Space Highlights

• Large 5,000 sq ft of commercial space, potentially spanning multiple floors or a single expansive floor
• Prime positioning on East 124th Street between Lexington and Third Avenues
• Extremely competitive price per square foot allows for major build-out and programmatic use
• Flexible raw or semi-finished space that can be customized for offices, classrooms, clinic rooms, or workshop areas
• May include ground-floor storefront with upper-level offices

Building & Location

• Prime East Harlem location on 124th Street, a major residential and commercial thoroughfare
• Serves a dense, diverse community with strong local foot traffic and access to public transit
• Close to the Metro-North Harlem-125th Street Station, the 125th Street retail corridor, and community institutions
• In an area with significant ongoing development and community investment
• Excellent access to subway lines (4/5/6, 2/3) and multiple bus lines

Summary
Offered at $20,000/month (~$48/sq ft/year), this 5,000 sq ft commercial space at 124-132 East 124th Street is a high-capacity, high-value opportunity for an organization deeply embedded in or serving the East Harlem community. The low cost per square foot makes it feasible to operate extensive programs, services, or light industrial work. It is a strategic location for an entity looking to establish a major community-facing presence with room to grow, without the prohibitive costs of more central Manhattan neighborhoods.