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29938147

2286 Adam Clayton Powell Jr Blvd, New York, NY 10030

JR
NY 10311207671, NJ 2321060
Reyes & Elsamad
Listed by Reyes & Elsamad
$1,398,000
117 days on market
Updated 30 days ago

2286 Adam C Powell

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 2,970
Units 4
Occupancy 75%
Tenancy Single
Lease Type Modified
Lease Expiration 11/01/2028
Remaining Term 2.4
Rent Bumps Yes
Lease Options none
Price per SqFt $471
Broker Co-Op No
Buildings 1
Stories 3
Lot Size (SqFt) 1,154
Zoning R7-2
Investment Type Owner/User
Tenant Credit No Credit Rating
Ownership Fee simple

Mixed Use | 2,970 SF | Residential delivered vacant | 3 units over 1 retail

Marketing description

Located on Adam Clayton Powell Jr. Boulevard between West 134th and West 135th Streets, this three-story mixed-use building offers a straightforward value-add opportunity in a prime Harlem corridor.

The property includes three residential apartments (two studios and one one-bedroom), all of which will be delivered vacant at closing, allowing a new owner to immediately lease at market rates or renovate and reposition. The ground floor features one retail unit with a tenant in place through 2028, providing stable income.

Zoned R7-2 / C1-4, the building benefits from unused residential FAR, creating potential upside for future expansion or reconfiguration (subject to approvals). With low property taxes and strong transit access, this asset works well for investors, owner-operators, or long-term holders seeking steady income with upside.

Investment highlights

All three apartments to be delivered vacant

Commercial has lease till 2028

Listing Contacts

JR
NY 10311207671, NJ 2321060
Reyes & Elsamad
Listed by Reyes & Elsamad

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Additional Information

Name
Julio Reyes
License
10311207671
Brokerage
Reyes El Samad
Title
Principal Broker
Brokerage Address
307 Knickerbocker Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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