RETAIL SPACE AVAILABLE 2322-2328 Adam Clayton Powel Jr. Blvd
2322-2328 Adam Clayton Powel Jr. Blvd Central AVAILABLE Harlem Retail Condo For Sale RETAIL SPACE Asking $1,825,000 Bronx, NY 10456
Building Features
Location
2322-2328 Adam Clayton Powel Jr. Blvd Between W 136th St. and W 137th St.
Block/Lot
1942 – 1101, 1103, 1104
Lot Dimensions
108 ft x 100 ft
Building Dimensions
100 ft x 75 ft
Gross SF / Basement SF
2,065 sf / 1,241 sf
Zoning
R7-2 W, C1-4
Tax Assessment
$268,110
R.E. Taxes
$8,386
This is a unique investment opportunity to own an approximately 2,065 sq.ft. retail-condominium with approximately 100’ of frontage on a main commercial corridor with tremendous foot and car traffic in Central Harlem. The subject property has three retail spaces that are all currently occupied, one of which has a is on a month to month basis. The property is within close proximity to the 2 and 3 subway lines on West 135th Street and Lenox Avenue and the B and C subway lines on 135th Street and St. Nicholas Avenue, as well as many other bus routes.
For more information, contact exclusive broker: Albert Aranbaev Managing Director (347) 829-7768 [email protected]
First Class Management, Inc. 102-10 Metropolitan AvenueSuite 200 Forest Hils, NY 11375 www.fcmre.com
First Class Management, Inc (2016). No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question
2322-2328 Adam Clayton Powel Jr. Blvd Central AVAILABLE Harlem Retail Condo For Sale RETAIL SPACE Asking $1,825,000 Bronx, NY 10456 Financial Data Tenant
SF
Lease Exp.
Monthly Rent
Rent PSF
Annual
Lease Type
Unit 1
Health Food
710
Apr-2025
$2,884
$48.74
$34,608
NNN
Unit 2
Learning Center
645
Jul-2018
$2,732
$50.80
$32,784
NNN
Unit 3
We Love Hair (Salon)
710
M-T-M
$3,246
$51.93
$36,870
NNN
Total
2,065
$8,862
$50.49
$104,262
Unit
Total Metrics Annual Revenue
$104,262
CAM Reimbursements
$14,976
Tax Reimbursements
$8,386
Gross Annual Income
$127,624
Expenses Taxes Insurance Common Area Charges Management @ 3%
$8,387 $928 $14,976 $3,659
Total Annual Expenses
$27,950
Net Operating Income
$99,674
CAP Rate
5.46%
For more information, contact exclusive broker: Albert Aranbaev Managing Director (347) 829-7768 [email protected]
First Class Management, Inc. 102-10 Metropolitan AvenueSuite 200 Forest Hils, NY 11375 www.fcmre.com
First Class Management, Inc (2016). No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question
Building Features
Location
2322-2328 Adam Clayton Powel Jr. Blvd Between W 136th St. and W 137th St.
Block/Lot
1942 – 1101, 1103, 1104
Lot Dimensions
108 ft x 100 ft
Building Dimensions
100 ft x 75 ft
Gross SF / Basement SF
2,065 sf / 1,241 sf
Zoning
R7-2 W, C1-4
Tax Assessment
$268,110
R.E. Taxes
$8,386
This is a unique investment opportunity to own an approximately 2,065 sq.ft. retail-condominium with approximately 100’ of frontage on a main commercial corridor with tremendous foot and car traffic in Central Harlem. The subject property has three retail spaces that are all currently occupied, one of which has a is on a month to month basis. The property is within close proximity to the 2 and 3 subway lines on West 135th Street and Lenox Avenue and the B and C subway lines on 135th Street and St. Nicholas Avenue, as well as many other bus routes.
For more information, contact exclusive broker: Albert Aranbaev Managing Director (347) 829-7768 [email protected]
First Class Management, Inc. 102-10 Metropolitan AvenueSuite 200 Forest Hils, NY 11375 www.fcmre.com
First Class Management, Inc (2016). No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question
2322-2328 Adam Clayton Powel Jr. Blvd Central AVAILABLE Harlem Retail Condo For Sale RETAIL SPACE Asking $1,825,000 Bronx, NY 10456 Financial Data Tenant
SF
Lease Exp.
Monthly Rent
Rent PSF
Annual
Lease Type
Unit 1
Health Food
710
Apr-2025
$2,884
$48.74
$34,608
NNN
Unit 2
Learning Center
645
Jul-2018
$2,732
$50.80
$32,784
NNN
Unit 3
We Love Hair (Salon)
710
M-T-M
$3,246
$51.93
$36,870
NNN
Total
2,065
$8,862
$50.49
$104,262
Unit
Total Metrics Annual Revenue
$104,262
CAM Reimbursements
$14,976
Tax Reimbursements
$8,386
Gross Annual Income
$127,624
Expenses Taxes Insurance Common Area Charges Management @ 3%
$8,387 $928 $14,976 $3,659
Total Annual Expenses
$27,950
Net Operating Income
$99,674
CAP Rate
5.46%
For more information, contact exclusive broker: Albert Aranbaev Managing Director (347) 829-7768 [email protected]
First Class Management, Inc. 102-10 Metropolitan AvenueSuite 200 Forest Hils, NY 11375 www.fcmre.com
First Class Management, Inc (2016). No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question
