Corner-Frontage Retail Condominium
For Sale
Contact for pricing
Pending
2351 Adam Clayton Powell Jr Blvd, New York, NY 10030
Ground-floor retail condominium units #1 and #2 offer corner frontage and flexible layout options.
Property Size17,589 SF
Days on Market113
Property Features for 2351 Adam Clayton Powell Jr Blvd
General Information
Standard status
Pending
Size
17,589 SF
Property subtype
Retail
Additional Details
Road Access
Yes
Multifamily Units
134
Listing Agency:
JLL - New York City, New York
(212) 812-5700
Listed By:
Hall Oster · License #NY 10401321782
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 29 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
The offering consists of commercial units #1 and #2 at the new construction Retail at the Rennie, a commercial condominium within the mixed-use Rennie building. The ground-floor space is approximately 17,589 NSF and will be delivered vacant upon sale. The configuration supports flexibility, with six total means of egress already built into the facade allowing an open floor plan or division into as many as six separate units. The space is listed as Use Group 6 on the Certificate of Occupancy, supporting a wide variety of uses with few restrictions.
Retail at the Rennie provides over 376’ of corner frontage on Adam Clayton Powell Jr. Boulevard and is located between 137th and 138th Streets. The property is near the 135th Street (2)-(3) Subway station for connectivity to Manhattan and the South Bronx. The building is also one subway stop from the 125th Street retail corridor.
From a tax perspective, unit #1 will receive a 25-Year 421a tax abatement and unit #2 will receive a 15-Year ICAP tax abatement. The two abatements blend for first-year taxes of approximately $9,361 (19/20), with initial tax savings of approximately $291,843 per year. The unit is being sold on an as-is, where-is basis.
Retail at the Rennie provides over 376’ of corner frontage on Adam Clayton Powell Jr. Boulevard and is located between 137th and 138th Streets. The property is near the 135th Street (2)-(3) Subway station for connectivity to Manhattan and the South Bronx. The building is also one subway stop from the 125th Street retail corridor.
From a tax perspective, unit #1 will receive a 25-Year 421a tax abatement and unit #2 will receive a 15-Year ICAP tax abatement. The two abatements blend for first-year taxes of approximately $9,361 (19/20), with initial tax savings of approximately $291,843 per year. The unit is being sold on an as-is, where-is basis.
Key Highlights
- Ground‑floor commercial condo units #1 and #2 at Retail at the Rennie, totaling approx. 17,589 NSF
- Over 376 ft of corner frontage on Adam Clayton Powell Jr. Boulevard between 137th and 138th Streets
- Located near the 135th Street (2)-(3) Subway station for quick connectivity to Manhattan and the South Bronx
Property Analytics
Current Use
Lease Details
134
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,506
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Prime Storage
Shops & Services
2,943 visits/mo
0.3 miles
Extra Space Storage
Shops & Services
2,456 visits/mo
0.3 miles
Demographics for 10030, NY
29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail condominium units #1 and #2 offer corner frontage and flexible layout options.
Where is this retail space located?
The property is located at 2351 Adam Clayton Powell Jr Blvd New York, NY.
What are key features of this property?
This property features: Ground‑floor commercial condo units #1 and #2 at Retail at the Rennie, totaling approx. 17,589 NSF; Over 376 ft of corner frontage on Adam Clayton Powell Jr. Boulevard between 137th and 138th Streets; Located near the 135th Street (2)-(3) Subway station for quick connectivity to Manhattan and the South Bronx
