Retail building · Harlem, Manhattan
New York, NY 10027
324 West 125th Street is a 2-floor retail building in Harlem, Manhattan, built in 2016, with about 36,000 square feet of retail space according to city records.
Also at 288 St. Nicholas Avenue and 324-332 West 125th Street.
The 6th largest of the 6 retail buildings we track in Harlem. Compare it with 5 neighbors
No space at 324 West 125th Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Harlem and hear the moment a tenant posts a requirement there.
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Compared with its neighbors
Next to the 5 nearest large retail buildings, all within a 11 minute walk, 324 West 125th Street is the smallest by retail floor area. Built in 2016, it is the newest of them. Its estimated property tax, about $15.65 a square foot of floor area before abatements, is above the neighbors' median of $13.06.
| Building | Retail space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 324 West 125th Street | 36K SF | 2 | 2016 | $15.65 |
| 280 St. Nicholas Avenue | 248K SF | 4 | 1998 | $11.50 |
| 2329 Eighth Avenue | 76K SF | 4 | 2013 | $13.06 |
| 208 West 125th Street | 68K SF | 2 | 1973 | $10.11 |
| 100 West 125th Street | 161K SF | 6 | 2013 | $17.11 |
| 5 West 125th Street | 75K SF | 6 | 2014 | $16.43 |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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)
Owners registered 2 storefronts at 324 West 125th Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.
Need a storefront in Harlem? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-08. 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
The Department of Finance lists 324 WEST 125TH STREET OWNER LLC as the owner of record. For tax year 2026/27 the city values 324 West 125th Street at $13.7 million and assesses it at $6.18 million. After phase-ins and exemptions its taxable value is $5.13 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 $556,694 a year before abatements, roughly $15.65 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.
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 2026-10-08; 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.
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324 West 125th Street has about 36,000 square feet of floor area in total, including 36,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 2016 as the year built. The building is 2 floors tall.
City records list 288 St. Nicholas Avenue and 324-332 West 125th Street on the same tax lot (BBL 1019510043) as 324 West 125th Street. A space listed on Leasemark at any of these addresses shows up on this page.
324 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 324 West 125th Street, New York, NY 10027, in Harlem.
The lot is in the C4-4D zoning district. PLUTO lists a built floor area ratio (FAR) of 3.96 and a maximum commercial FAR of 3.4 for this lot.
The closest subway station to 324 West 125th Street is 125 St (the A, B, C and D trains), about 250 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 116 St (the B and C trains), 8 min walk; 125 St (the 2 and 3 trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists 324 WEST 125TH STREET OWNER LLC as the owner of record of 324 West 125th Street (BBL 1019510043). 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.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.13 million for 324 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 $556,694 a year, roughly $15.65 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1019510043 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 324 West 125th Street at $13.7 million ($3 million of it land) and its assessed value at $6.18 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 128% from 2022/23 ($6.01 million) to 2026/27.
Owners registered 2 storefronts at 324 West 125th Street for December 31, 2024, the newest annual filing the city has published, and none stood 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.
No space at 324 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.
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