Updated 11 years ago
Off Market
2288 Adam Clayton Powell Blvd
Harlem, Manhattan | West 134th Street & West 135th Street
4,320 Square FeetMixed Use
$2,995,000
floors / apts3 / 3
Lot Size18'100"x100'
Built Size18'57"x64'
ZoneR7-2
Building TypeTownhouse
RE Taxes$3,700
Price Per SF
$693
Building Amenities
- Voice Intercom
Property Description for 2288 Adam Clayton Powell Blvd
Delivered vacant
Rarely available Mixed-use townhome on one of the busiest boulevards in Harlem. 2288 Adam Clayton Powell is located on a thriving street full of small and big business. The proeprty is perfectly located on 7th avenue and shares the block with the IHOP Restaurant.
The property is built 18x56 with a offset of about 8 feet that extend the building back onto its lot. Both residential units are large one bedroom walkthroughs, the apartments have exposed bricks and 2 wood burning fireplaces each.
The commercial space has received many offers from restaurants and once from Starbucks. The prices offered have ranged between $8k and $9600 a month. The ground floor is your real cash cow allowing the owner/investor to make a nice return every month. The ground floor store front has 14 foot ceilings and exposed brick, the space is over 1,000 square feet and the level below will rent with it as well. The space is perfect for any restaurant or business.
The building has FAR, the purchaser will be allowed to add another 3 stories on the existing building. Will be sold with over 3,000 sq buildable allowing for a mixed-use, residential or all commercial building with over 7,000 usable, the possibilities are endless.
The expenses for the owner are $3,700 for taxes and a flat bill of $500 for water. Your carrying cost are only $4,200 for the whole year!
Transportation is extremely accessible, the 2&3 trains are only one block away and the B&C trains are 2 blocks away. The M02 bus that takes you to the East Village stops at the door of the property. This has become more of a desirable neighborhood for anyone who works downtown or midtown, the commute is fast and easy.
Citi college is just acroos the park on 134th street, finding tenants for your residential units will not get easier.
Harlem continues to becoming more and more desirable. This property is full of potential and cash flow!
Motivated to sell.
Call or email for a showing.
Rarely available Mixed-use townhome on one of the busiest boulevards in Harlem. 2288 Adam Clayton Powell is located on a thriving street full of small and big business. The proeprty is perfectly located on 7th avenue and shares the block with the IHOP Restaurant.
The property is built 18x56 with a offset of about 8 feet that extend the building back onto its lot. Both residential units are large one bedroom walkthroughs, the apartments have exposed bricks and 2 wood burning fireplaces each.
The commercial space has received many offers from restaurants and once from Starbucks. The prices offered have ranged between $8k and $9600 a month. The ground floor is your real cash cow allowing the owner/investor to make a nice return every month. The ground floor store front has 14 foot ceilings and exposed brick, the space is over 1,000 square feet and the level below will rent with it as well. The space is perfect for any restaurant or business.
The building has FAR, the purchaser will be allowed to add another 3 stories on the existing building. Will be sold with over 3,000 sq buildable allowing for a mixed-use, residential or all commercial building with over 7,000 usable, the possibilities are endless.
The expenses for the owner are $3,700 for taxes and a flat bill of $500 for water. Your carrying cost are only $4,200 for the whole year!
Transportation is extremely accessible, the 2&3 trains are only one block away and the B&C trains are 2 blocks away. The M02 bus that takes you to the East Village stops at the door of the property. This has become more of a desirable neighborhood for anyone who works downtown or midtown, the commute is fast and easy.
Citi college is just acroos the park on 134th street, finding tenants for your residential units will not get easier.
Harlem continues to becoming more and more desirable. This property is full of potential and cash flow!
Motivated to sell.
Call or email for a showing.
Building Details for 2288 Adam Clayton Powell Blvd
OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Transit and Citi Bike
Subway
135 St
0.2 miles
135 St
0.26 miles
125 St
0.5 miles
Citi Bike
Adam Clayton Powell Blvd & W 132 St
0.11 miles
Adam Clayton Powell Blvd & W 138 St
0.17 miles
Contact Agents
Contact Agents
Kevin Cargon
Nest Seekers International
Ricardo Espinoza
Nest Seekers International
Harlem | Manhattan
Quick Profile
The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole.
Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.
The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.
While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 54258TH
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