Residential Central Harlem

2307 Adam Clayton Powell Jr. Blvd is a 4 story mixed use building located in the center of vibrant and historic Harlem. Currently configured as three beautiful commercial units and one live-work Loft apartment. Zoned R7-2, C1-4. This 3,772 SF building has a 1,275 SF lot. Building is currently configured as four floor-through spaces with a top floor Live/work loft. Nicely renovated with some architectural details, excellent light. The area is rich in cultural landmarks, Historic Strivers Row, Citi -College, Saint Nicholas Park, The Schomburg Center, Harlem YMCA, Nearby restaurants and clubs include The Shrine, Ponty Bistro, Popeyes, PROOF Coffee Roasters, Manhattanville Coffee, Harlem Hops, The Edge, Renaissance Harlem, Bill’s Place, Tex’s Chicken & Burgers. Only ten Blocks to the famous 125th Street corridor Including the Apollo Theatre, Whole Foods, and Trader Joe’s. Nearest Transit: 2, 3, B, & C trains and the M2, M7, & M102 bus lines. Close to the Madison Ave bridge and entrances north and South on the FDR/Harlem River Drive FDR. Can be delivered vacant!

Setup:
Monthly rents:
Storefront/Ground Floor: Vacant
2nd Floor: $3500
3rd Floor: Vacant
4th Floor: $2300 (below market)
Annual Costs:
Taxes: $40,971 (including insurance)
Water/sewer/Heat $5,000
Maintenance: $6,000