1961-1969 Adam Clayton Powell Jr Blvd - Apartments FOR SALE


New York, NY 10026
$1,950,000 USD
248-420-0420
1961-1969 Adam Clayton Powell Jr Blvd, New York, NY for Sale
$1,950,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1961-1969 Adam Clayton Powell Jr Blvd
New York, NY 10026


HIGHLIGHTS

  • 2,350 SF ground floor + 1,124 SF basement with 11-ft ceilings.
  • 100-ft wraparound glass frontage in Central Harlem.
  • Amenities: HVAC, two bathrooms, and multiple entrances.
  • High-traffic area with excellent public transportation.
  • 1961-1963 Adam Clayton Powell Jr. Blvd, a thriving NYC community.

OVERVIEW

Take advantage of this unique offering to establish your adult-use dispensary at 1961-1963 Adam Clayton Powell Jr. Blvd. Priced at $1,950,000, this sale includes a coveted Adult-Use Retail Dispensary License, state approvals, local land use entitlements, and a long-term real estate lease at $25,000/Month NNN. The property boasts a prime Central Harlem location, featuring 2,350 SF of ground-floor space, an additional 1,124 SF of basement space, and 11-foot-high ceilings. The standout design includes 100 feet of wraparound glass frontage, HVAC, two bathrooms, and multiple entrances. Located in a bustling, high-traffic area with excellent transit access, this property offers unmatched visibility and potential. Whether you're looking to grow, process, transport, ensure safety compliance, or create a standout provisioning center, this is the perfect space to bring your vision to life.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$47 USD /SF

# OF UNITS

35

PRICE/UNIT

$55,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New York Recreational Dispensary-1961-1963

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R7-2

APN/PARCEL ID

1903-0003,1903-1304,1903-1337,1903-1338,1903-1339,1903-1340,1903-1341

ASK ABOUT THIS PROPERTY

Keri KnippleCannaZoned MLSMore Info
248-420-0420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Keri KnippleCannaZoned MLSMore Info
248-420-0420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.