This property is Off-Market

2311 Adam C Powell Blvd
New York, NY 10030 ·

4 Units · Multifamily For Sale

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2311 Adam C Powell Blvd

Price N/A Property Use Type Investment
No. Units 4 Commission Split 6%
Building Size 3,400 SF Cap Rate 6.75%
Property Type Multifamily No. Stories 4
Property Sub-type
Duplex/Triplex/Fourplex
More...
  • Mid/High-Rise
  • Office Building
Year Built 1920
Listing ID: 16843303 Date Created: 09/21/2010 Last Updated: 05/01/2013

Description

Excellent condition Commercial Mixed Used Building. Lot is 17.5 X 75. Located in the heart and soul of Harlem's new renaissance location makes this property prime for investment. Featuring two commercial units, two free-market, floor-through apartments, and a basement this building is easily accessible via the # 2, 3, B, C and A trains and the # 2 and 7 bus lines.

Gross Rents total $112,200. Net Operating Income approx $100,000 per year.

The boiler, roof, hot water tank and plumbing are in excellent condition and were recently updated.
Located in the vicinity of numerous luxury condominium developments, The Schomberg Museum, Harlem Hospital, New York City University, Columbia University & Barnard College

On Adam Clayton Powell Blvd (also referred to as 7th Ave) between 135th and 136th St in Harlem

Research

2311 Adam C Powell Blvd, New York, NY 10030 (New York County)

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