10,000SF Elevator Commercial Office Building
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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