Restaurant
Harlem Amor - Net-Leased Bar/Restaurant
2082 Frederick Douglass Blvd, New York, NY 10026
Listing Price: $925,000
Investment Overview
The subject offering is a 464-square-foot retail condominium located on Frederick Douglass Boulevard between West 112th and West 113th Streets in Upper Manhattan’s Harlem neighborhood. The unit has a total square footage of 833 with 464 square feet at grade with an additional 369-squarefoot lower level. The unit has 17 feet of retail frontage along Frederick Douglass Boulevard.
The offering is leased to Harlem Amor on a ten-year lease that runs through July 2034. The tenant has three percent annual increases and reimburses for real estate taxes above base year (2024/2025).
The unit has gas and venting in place, in addition to no use restrictions. The offering occupies the ground floor of a five-story, 14-unit hybrid building that was converted to condominiums in 2007.
This is an opportunity to acquire a 100 percent occupied retail asset in a high-foot traffic area and no-use restrictions. The property is three blocks away from the B, C, and D subway lines. Thousands of housing units are located within just a few blocks.
Harlem Amor - Net-Leased Bar/Restaurant
Investment Highlights
- 100% Occupied Ground-Floor Retail Condo Located One Building Off the Corner of 112th Street on Frederick Douglass Blvd in Manhattan's Harlem Neighborhood.
- Fully-Vented Bar/Restaurant. Tenant, Harlem Amor, has a Lease Through 2034 With 3% Annual Increases.
- Incredibly Cheap Annual Tax Bill and Located Just a few Blocks Away From the Subway and Central Park. Minimal Management Retail Asset and Valuable Vented Retail Space.
Exclusively Listed By
Listing Price: $925,000
Investment Highlights
- 100% Occupied Ground-Floor Retail Condo Located One Building Off the Corner of 112th Street on Frederick Douglass Blvd in Manhattan's Harlem Neighborhood.
- Fully-Vented Bar/Restaurant. Tenant, Harlem Amor, has a Lease Through 2034 With 3% Annual Increases.
- Incredibly Cheap Annual Tax Bill and Located Just a few Blocks Away From the Subway and Central Park. Minimal Management Retail Asset and Valuable Vented Retail Space.
Investment Overview
The subject offering is a 464-square-foot retail condominium located on Frederick Douglass Boulevard between West 112th and West 113th Streets in Upper Manhattan’s Harlem neighborhood. The unit has a total square footage of 833 with 464 square feet at grade with an additional 369-squarefoot lower level. The unit has 17 feet of retail frontage along Frederick Douglass Boulevard. The offering is leased to Harlem Amor on a ten-year lease that runs through July 2034. The tenant has three percent annual increases and reimburses for real estate taxes above base year (2024/2025). The unit has gas and venting in place, in addition to no use restrictions. The offering occupies the ground floor of a five-story, 14-unit hybrid building that was converted to condominiums in 2007. This is an opportunity to acquire a 100 percent occupied retail asset in a high-foot traffic area and no-use restrictions. The property is three blocks away from the B, C, and D subway lines. Thousands of housing units are located within just a few blocks.
Exclusively Listed By
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