Retail building · Harlem, Manhattan

208 West 125th Street

New York, NY 10027

208 West 125th Street is a 2-floor retail building in Harlem, Manhattan, built in 1973, with about 68,000 square feet of retail space according to city records.

Also at 205-217 West 124th Street and 208-220 West 125th Street.

Retail space
68K SF
Floors
2
Year built
1973
Zoning
C4-4D

The 5th largest of the 5 retail buildings we track in Harlem. Compare it with 4 neighbors

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Compared with its neighbors

How 208 West 125th Street compares

Next to the 4 nearest large retail buildings, all within a 7 minute walk, 208 West 125th Street is the smallest by retail floor area. Built in 1973, it is the oldest of them. Its estimated property tax, about $10.11 a square foot of floor area before abatements, is below the neighbors' median of $14.74.

208 West 125th Street and the 4 nearest large retail buildings: size, floors, year built, estimated property tax per square foot
BuildingRetail spaceFloorsBuiltTax / SF
208 West 125th StreetThis building68K SF21973$10.11
2329 Eighth Avenue3 min walk76K SF42013$13.06
280 St. Nicholas Avenue3 min walk248K SF41998$11.50
100 West 125th Street4 min walk161K SF62013$17.11
5 West 125th Street7 min walk75K SF62014$16.43
The 5th largest of the 5 retail buildings we track in Harlem: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
205-217 West 124th Street; 208-220 West 125th Street
ZIP code
10027
Building type
Retail building (city class K2)
Total floor area
67,680 SF
Commercial floor area
67,680 SF
Retail
67,680 SF
Height
2 floors
Year built
1973
Lot area
22,571 SF
Zoning district
C4-4D
Built FAR
3
Max commercial FAR
3.4
Tax lot (BBL)
1019300037

Nearest subway

  • 125 St4 min walk · Not accessible
  • 125 St5 min walk · Accessible station
  • 116 St8 min walk · Not accessible

Nearby large buildings

All 12 large commercial buildings on West 125th Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered one storefront at 208 West 125th Street for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
Vacant that day
0
Share vacant across Harlem
11.1%
Share vacant along West 125th Street
15.2%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 1
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists THERESA ANNEX, LLC as the owner of record. For tax year 2026/27 the city values 208 West 125th Street at $16.4 million and assesses it at $7.38 million. After phase-ins and exemptions its taxable value is $6.31 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $684,004 a year before abatements, roughly $10.11 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record
THERESA ANNEX, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$16,399,000
Land market value
$2,500,000
Assessed value
$7,379,550
Taxable value (phased in)
$6,305,350
Estimated yearly tax
About $684,004
Tax per SF of floor area
About $10.11

City market value by tax year

  • 2022/23$12.5 million
  • 2023/24$14.4 million
  • 2024/25$13.7 million
  • 2025/26$14 million
  • 2026/27$16.4 million

Market value rose 31% from 2022/23 ($12.5 million) to 2026/27.

How Harlem compares: property tax per SF across NYC neighborhoods

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 208 West 125th Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 2 and the cellar). The newest build-out, on floor 2 and the cellar, was first permitted in January 2026 (construction; filed cost estimate $210,000).

New jobs, last 12 months
2
Initial permits, last 12 months
3
Newest job first permitted
March 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
1 and 2, cellar

Recent build-outs

  • Floor 2, cellarJanuary 2026Construction; est. $210,000; signed off
  • Floor 1September 2025Construction, Mechanical, Sprinklers; est. $581,000

New jobs by year

  • 20213
  • 202212
  • 20230
  • 20240
  • 20251
  • 2026 to date2

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

Retail space nearby in Harlem

Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.

What a requirement here looks like

No live requirements for retail space in Harlem yet. These labeled examples show what tenants post. List a space in 208 West 125th Street and we match it against every new one automatically.

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Questions about 208 West 125th Street

How big is 208 West 125th Street?

208 West 125th Street has about 68,000 square feet of floor area in total, including 68,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 208 West 125th Street built?

City records list 1973 as the year built. The building is 2 floors tall.

What other addresses does 208 West 125th Street have?

City records list 205-217 West 124th Street and 208-220 West 125th Street on the same tax lot (BBL 1019300037) as 208 West 125th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 208 West 125th Street?

208 West 125th Street is in ZIP code 10027, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 208 West 125th Street, New York, NY 10027, in Harlem.

What is the zoning at 208 West 125th Street?

The lot is in the C4-4D zoning district. PLUTO lists a built floor area ratio (FAR) of 3 and a maximum commercial FAR of 3.4 for this lot.

What subway station is closest to 208 West 125th Street?

The closest subway station to 208 West 125th Street is 125 St (the 2 and 3 trains), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: 125 St (the A, B, C and D trains), 5 min walk; 116 St (the B and C trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 208 West 125th Street?

The NYC Department of Finance's 2026/27 assessment roll lists THERESA ANNEX, LLC as the owner of record of 208 West 125th Street (BBL 1019300037). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Is there construction at 208 West 125th Street?

In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 208 West 125th Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 2 and the cellar). The newest build-out, on floor 2 and the cellar, was first permitted in January 2026 (construction; filed cost estimate $210,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1019300037. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 208 West 125th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.31 million for 208 West 125th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $684,004 a year, roughly $10.11 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1019300037 show the actual bill.

What is the assessed value of 208 West 125th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 208 West 125th Street at $16.4 million ($2.5 million of it land) and its assessed value at $7.38 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 31% from 2022/23 ($12.5 million) to 2026/27.

Are there vacant storefronts at 208 West 125th Street?

Owners registered one storefront at 208 West 125th Street for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there retail space for lease at 208 West 125th Street?

No space at 208 West 125th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

1,677 buildings from city records

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