301 W 138th St
Retail | 5.82% CAP | 7,010 SqFt
Marketing description
“SELLER FINANCING CONSIDERED”
2591 Frederick Douglass Boulevard, New York, NY 10030 (the “Property”) located on the corner of 138th Street and Frederick Douglass Boulevard in the Harlem neighborhood of Manhattan. 5-story 7,010± SF corner mixed use building built on a 1,500± Sf lot. Zoned R7-2, C1-4 with 7 residential units and 2 commercial units. A few blocks from the 135th Street [A, B, C] subway station.
301 W 138th Street is located in the historic neighborhood of Harlem in Manhattan, New York City. More specifically, it lies within the subsection known as Strivers' Row, which is known for its elegant row houses and significant architectural history. The area is a blend of residential and commercial properties, with a rich cultural heritage that includes landmarks of the Harlem Renaissance. The street is tree-lined, and the neighborhood is generally quiet and residential, known for its strong community feel. The location is relatively close to various amenities, such as shops, restaurants, galleries, and entertainment venues that cater to diverse tastes. The area has easy access to public transportation, with several subway lines serving the neighborhood, facilitating convenient travel to downtown Manhattan and other boroughs. The vicinity also includes a number of schools, parks, and historic churches, adding to the community atmosphere. Overall, 301 W 138th Street is situated in an area that boasts a mix of urban vitality and residential tranquility, with a deep sense of historical significance.
Investment highlights
Prime location at the corner of 138th Street and Frederick Douglass Boulevard in the vibrant Harlem neighborhood of Manhattan.
Built on a 1,500± square feet lot, the property provides a substantial 7,010± square feet of space, maximizing the building capacity of the lot.
Benefiting from the R7-2, C1-4 zoning, which allows for a variety of residential and commercial uses, giving potential owners flexibility in property utilization and optimization.
Versatile mixed-use building with five stories, offering a blend of seven residential units and two commercial units for diverse revenue streams.
Convenient access to public transportation, with the 135th Street [A, B, C] subway station just a few blocks away, providing easy connectivity to the rest of New York City.
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