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2307 Adam Clayton Powell Jr Blvd

3,772 SF 71% Leased Office Building New York, NY 10030 £1,058,953 (£281/SF)

Executive Summary

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!

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,772 SF
Building Class
C
Year Built
1910
Price
£1,058,953
Price Per SF
£281
Percent Leased
71%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
943 SF
Building FAR
2.89
Land Acres
0.03 AC
Zoning
R7-2 - Located in the vibrant and historic neighborhood of Harlem W 135th St & W 136th St.
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1920-0003
Land Assessment
£70,597
Improvements Assessment
£228,028
Total Assessment
£298,625
  • Listing ID: 32192379

  • Date on Market: 20/06/2024

  • Last Updated:

  • Address: 2307 Adam Clayton Powell Jr Blvd, New York, NY 10030

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