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Mixed-Use

2733 Frederick Douglass Blvd.

2733 Frederick Douglass Blvd, New York, NY 10039

Listing Price: $4,816,754

Cap Rate
5.21%
Number of Units
23
Price/Unit
$209,424
Price/Gross SF
$308.47
Gross SF
15,615

Investment Overview

2733 Frederick Douglass Blvd. is a mixed-use property in the Harlem neighborhood of Manhattan. It provides 38-feet of frontage on Frederick Douglass Blvd. between 145th Street and 146th Street. The five-story building has twelve apartments and two ground-floor retail units, built approx. 15,615 square feet.

The property has is in an C4-4D Zoning District. In addition to the existing 15,615 square feet, there are an additional approx. 10,704 square feet of air rights, allowing for a total of 26,319 buildable square feet at this site. The property sits on a 39ft x 113ft lot. Tax Class 2 has annual taxes at $8,059 per annum.

A/B/C/D Train service is located a short four-minute walk (0.2 miles) away at the 145th Street Station located on the corner of 145th Street and Saint Nicholas Avenue. Bank of America, Starbucks, Supermarket, Barbershop, Popeyes, and other restaurants are within feet of the building.

Subject property benefits from a 34-year J51 tax abatement, and has eleven years remaining.

Investment Highlights

  • A/B/C/D Trains; Bank of America, Starbucks, Supermarket, Popeyes Steps Away
  • J-51 Tax Abatement - 34-Year Term, 11 Years Remaining
  • Mixed-Use Building - Retail and Residential
  • 38 Feet of Frontage - Twelve Apartments, Two Retail Units
  • Central Harlem, New York City
  • Built Approx. 15,615 Square Feet; Approx. 10,704 Square Feet of Air Rights

Exclusively Listed By

Listing Price: $4,816,754

Cap Rate
5.21%
Number of Units
23
Price/Unit
$209,424
Price/Gross SF
$308.47
Gross SF
15,615

Investment Highlights

  • A/B/C/D Trains; Bank of America, Starbucks, Supermarket, Popeyes Steps Away
  • J-51 Tax Abatement - 34-Year Term, 11 Years Remaining
  • Mixed-Use Building - Retail and Residential
  • 38 Feet of Frontage - Twelve Apartments, Two Retail Units
  • Central Harlem, New York City
  • Built Approx. 15,615 Square Feet; Approx. 10,704 Square Feet of Air Rights

Investment Overview

2733 Frederick Douglass Blvd. is a mixed-use property in the Harlem neighborhood of Manhattan. It provides 38-feet of frontage on Frederick Douglass Blvd. between 145th Street and 146th Street. The five-story building has twelve apartments and two ground-floor retail units, built approx. 15,615 square feet.

The property has is in an C4-4D Zoning District. In addition to the existing 15,615 square feet, there are an additional approx. 10,704 square feet of air rights, allowing for a total of 26,319 buildable square feet at this site. The property sits on a 39ft x 113ft lot. Tax Class 2 has annual taxes at $8,059 per annum.

A/B/C/D Train service is located a short four-minute walk (0.2 miles) away at the 145th Street Station located on the corner of 145th Street and Saint Nicholas Avenue. Bank of America, Starbucks, Supermarket, Barbershop, Popeyes, and other restaurants are within feet of the building.

Subject property benefits from a 34-year J51 tax abatement, and has eleven years remaining.

Exclusively Listed By

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