Three-Story Mixed-Use
For Sale
Contact for pricing
2286 Adam Clayton Powell Jr Blvd, New York, NY 10030
Residential units will be vacant at closing, while the retail space remains leased through 2028.
Property Size2,970 SF
Price / SF$454.55
Days on Market253
Property Features for 2286 Adam Clayton Powell Jr Blvd
General Information
Standard status
Active
Size
2,970 SF
Property subtype
Mixed Use, Multifamily
Zoning
R7-2
Occupancy
75%
Lease Type
Modified Gross
Investment Type
Owner/User
Building Details
Buildings
1
Stories
3
Units
4
Tenancy
Single
Listing Agency:
Reyes & Elsamad
Listed By:
Julio Reyes · License #10311207671
Source:
Crexi
Added: Feb 8
Changed: Oct 7
Last Checked: Oct 19 at 4:03AM
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 Reyes & Elsamad
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Investment Insights
Based on property information with market context.
This three-story mixed-use property contains 2,970 square feet with three residential apartments above a ground-floor retail unit. The apartment mix includes two studios and one one-bedroom residence, with all three expected to be delivered vacant at closing. The retail space is occupied under a lease extending through 2028.
Located at 2286 Adam Clayton Powell Jr Blvd between West 134th and West 135th Streets in Harlem, the building benefits from transit access along an established commercial corridor. The property also includes unused residential FAR, offering a basis for future expansion or reconfiguration subject to required approvals. The combination of vacant residential space and an occupied storefront provides distinct residential and retail components within one asset.
Located at 2286 Adam Clayton Powell Jr Blvd between West 134th and West 135th Streets in Harlem, the building benefits from transit access along an established commercial corridor. The property also includes unused residential FAR, offering a basis for future expansion or reconfiguration subject to required approvals. The combination of vacant residential space and an occupied storefront provides distinct residential and retail components within one asset.
Key Highlights
- 2,970‑square‑foot, three‑story mixed‑use building
- Three residential apartments: two studios and one one‑bedroom
- All residential units delivered vacant at closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,515
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,010,300
$2.0M
Cap Rate 7%
$1,435,929
$1.4M
Cap Rate 9%
$1,116,833
$1.1M
Market Conditions
NOI Build-Up for 2,970 SF
Gross rent
$151.5K $51.00/SF
− Vacancy
−$7.9K −$2.65/SF
EGI
$143.6K $48.35/SF
− OpEx
−$43.1K −$14.50/SF
NOI
$100.5K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,010,300
Cap Rate 7%
$1,435,929
Cap Rate 9%
$1,116,833
Alternative Uses
Best Use
Retail
$5.97M
$5.22M – $6.97M
NOI $417,952 @ 7.0% cap · market cap 30.96%
Second Best
Multifamily LT 5
$1.44M
$1.26M – $1.68M
NOI $100,515 @ 7.0% cap · market cap 7.45%
Theoretical Best
Specialty Retail
$7.39M
$6.47M – $8.62M
NOI $517,493 @ 7.0% cap · market cap 38.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,375
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units will be vacant at closing, while the retail space remains leased through 2028.
Where is this mixed-use property located?
The property is located at 2286 Adam Clayton Powell Jr Blvd New York, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,970‑square‑foot, three‑story mixed‑use building; Three residential apartments: two studios and one one‑bedroom; All residential units delivered vacant at closing
