10,000SF Elevator Commercial Office Building

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SALE$2,950,000 | 1970 Adam Clayton Powell Jr. Blvd., New York, NY 10026

Great Opportunity!!
The subject property is a 10,000SF elevator commercial office building on Adam Clayton Powell Jr. Boulevard (7th Avenue) between W 118th and W 119th Streets in Harlem. The property consists of four units, two of them the commercial offices are vacant, and third and fourth units are rent by a waxing spa center . The Ideal uses for this building may include owner users, dental, pharmacy, billing  center, or professional services. The building is in a highly trafficked location, near the 2/3 trains at 116th Street/Malcolm X Boulevard and the C/B trains at 116th Street/Frederick Douglass Boulevard.

Property Features

  • Property Type: Office
  • Lease Type: NN
  • Square Footage: 7,500
  • Occupancy: 70%
  • Zoning: R7-2, C1-4
  • Subtype: Creative Office, Executive Office, Medical Office
  • Tenancy: Single
  • Cap Rate: 9.54%
  • NOI: $281,452
  • APN: 09124-0034

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Courtesy of Prime Realty.

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