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2300-2308 Frederick Douglass Blvd - Medical Condo in Harlem 3,720 SF Office/Medical Condo Unit Offered at $3,500,000 in New York, NY 10027
INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
- Nearby national retailers include Target, Trader Joe's, Raising Canes, Sephora, Chick-fil-A, and Whole Foods among many others.
- fully built-out medical office with a phlebotomy room, x-ray room, and 11 exam rooms.
EXECUTIVE SUMMARY
Ground-floor medical office condominium in Harlem, Manhattan. The unit has 3,720 built SF. Unit delivered vacant. The property is currently being used as a doctor’s office. Steps from major subway/MTA lines (A, B, C, D, 2, 3) at the 125th Street station. Expansive Reception & Waiting Area 11 Exam rooms Phlebotomy room X-Ray room Celler Level Storage
DATA ROOM Click Here to Access
PROPERTY FACTS
| Total Building Size | 57,106 SF | Typical Floor Size | 4,759 SF |
| Property Type | Hospitality (Condo) | Year Built | 2010 |
| Property Subtype | Hotel | Lot Size | 0.37 AC |
| Building Class | B | Opportunity Zone |
Yes
|
| Floors | 12 | ||
| Zoning | C44D - R8 - High density residential district | ||
| Total Building Size | 57,106 SF |
| Property Type | Hospitality (Condo) |
| Property Subtype | Hotel |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 4,759 SF |
| Year Built | 2010 |
| Lot Size | 0.37 AC |
| Opportunity Zone |
Yes |
| Zoning | C44D - R8 - High density residential district |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 125 | $336.00 | - |
1 UNIT AVAILABLE
Unit RU
| Unit Size | 3,720 SF | Sale Type | Investment or Owner User |
| Price | $3,500,000 | Cap Rate | 7.44% |
| Price Per SF | $940.86 | NOI | $260,400 |
| Condo Use | Office/Medical | Sale Conditions | Build to Suit |
| Unit Size | 3,720 SF |
| Price | $3,500,000 |
| Price Per SF | $940.86 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.44% |
| NOI | $260,400 |
| Sale Conditions | Build to Suit |
DESCRIPTION
Medical Condo available for sale, positioned at the base of the Aloft Hotel and the Apex Condominium residences at the corner of West 124th Street and Frederick Douglass Blvd. Property has 100 feet of frontage on Frederick Douglass Blvd and 40 feet of frontage on West 124th Street. 3,120 SF of ground floor retail space along with 600 SF of additional space on the lower level.
SALE NOTES
Ground-floor medical office condominium in Harlem,
Manhattan.
The unit has 3,720 built SF.
Unit delivered vacant.
The property is currently being used as a doctor’s office.
Steps from major subway/MTA lines (A, B, C, D, 2, 3) at the
125th Street station.
Near major retailers including Trader Joe’s, H&M, JD
Sports & Marshalls
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2300-2308 Frederick Douglass Blvd - Medical Condo in Harlem
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