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Licensed New York City Dispensary in Morningside Heights, Manhattan

New York, NY, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 895805

Listed On May 3, 2025 View Count 43

Listing Updated February 28, 2026

Price :
$2,000,000
Business Overview :
Year Established:
2025
Inventory Included:
No
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Outstanding Liabilities & Debts:
No
Growth and Expansion Opportunities:
This Licensed Dispensary is located in Central Harlem, a legendary community renowned for music and the arts, and many eclectic dining choices. This location features heavy retail foot traffic and is minutes away from subway and bus routes. Under a mile from Columbia University and Barnard and about two miles from City College and three major hospitals.
License Details :
License Status:
Active – Current (Social Equity)
License Type:
Recreational/ Adult Use
License Activities:
Retail / Dispensary
Business Location Details :
Business Location:
Leased
Rent:
$3,000
Facility & Tenant Improvements:
The 450 sq. ft. dispensary needs cosmetic and branding touches, but most fixtures are already in place. This work would be completed by Buyer, at a modest cost. Ten year lease at $3,000 per month, with 3% annual increases.
Size:
450 Sq. Ft.
Utilities:
Electricity, City Water, Sewer, Garbage
Terms :
Financing:
Cash, Owner Financing
Broker Co-Op:
Yes
NDA Required:
Yes
Support & Training Offered:
Seller can assist Buyer with a transition of this Location.
Company Overview :
Description :

This Licensed Dispensary is located in Morningside Heights, a half block away from Central Park and across from Morningside Park. The location features heavy retail foot traffic and is minutes away from subway and bus routes. Under a mile from Columbia University and Barnard and about two miles from City College and three major hospitals. Morningside Heights is an academically-focused neighborhood in Upper Manhattan, centered around Columbia University and bounded by 110th to 125th Street, Riverside Park, and Morningside Park. Known as a “college town” atmosphere, it features Pre-war architecture landmark institutions like St. John the Divine, and a mix of grassy, quiet streets and diverse, local dining options. The 450 sq. ft. dispensary needs cosmetic and branding touches, and cameras, alarms and a safe, but many other fixtures are already in place. This work would be completed by Buyer, at a modest cost. Ten year lease at $3,000 per month, with 3% annual increases. The price is for 100% of the business and the CAURD license. Karen Muller, New York Broker #10351215829, is the broker for Seller. NDA and POF required. Seller also has excellent locations in Central Harlem and Woodside Queens available for purchase.Ad#:2362

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Contact Listing Owner

Cannabis Business Brokers, Inc.
License:CA 02057185

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