2307 Adam Clayton Powell Jr Blvd - Office FOR SALE


New York, NY 10030
$1,350,000 USD
718-437-6100
2307 Adam Clayton Powell Jr Blvd, New York, NY for Sale
$1,350,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

2307 Adam Clayton Powell Jr Blvd
New York, NY 10030


OVERVIEW

Attention Retail / Street Retail investors! This is a rare opportunity to acquire a prime commercial property in the heart of New York. With 4 commercial units, this 3,770 SF building boasts 100% occupancy, providing a steady income stream. Zoned R7-2, C1-4, and with the potential to be delivered vacant, this property offers versatility and potential for value appreciation. Situated on a 1,275 SF lot, this property's size and zoning make it a lucrative investment opportunity in a highly sought-after location. Highlights: - 4 commercial units - Can be delivered vacant - Current NOI approx 60K - Projected NOI approx 133k - Building Size: 3,700 SF - Lot Size: 1,275 SF Located in the vibrant and historic neighborhood of Harlem W 135th St & W 136th St, the property offers investors an exciting opportunity in a prime New York location. The area is rich in cultural landmarks, including the Apollo Theater, Sylvia's Restaurant, and the Studio Museum in Harlem. Nearest Transit: Steps from the 2, 3, B, & C trains and the M2, M7, & M102 bus lines. A few blocks away from the Madison Ave bridge and FDR. Nearby tenants include Popeyes Louisiana Kitchen, Art 2 Ink Studio, PROOF Coffee Roasters, Behind the Book, Harlem Hops, Harlem Cafe, Renaissance Harlem, Bill's Place, Dunkin', McDonald's, Musette Wine Bar, Tex's Chicken & Burgers, Food Dynasty Supermarkets, KFC, CTown Supermarkets, Raising Cane's Chicken Fingers, Chipotle Mexican Grill, Whole Foods Market, Marshalls, Bath & Body Works, and more!

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

R7-2

APN/PARCEL ID

1920-0003

ASK ABOUT THIS PROPERTY

Shlomi BagdadiTri State CommercialMore Info
718-437-6100

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Shlomi BagdadiTri State CommercialMore Info
718-437-6100

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