2082 Frederick Douglass Blvd, New York, NY 10026

The subject offering is a 464-square-foot retail condominium located on Frederick Douglass Boulevard between West 112th and West 113th Streets in Upper Manhattan’s Harlem neighborhood.​ The unit has a total square footage of 833 with 464 square feet at grade with an additional 369-squarefoot lower level.​ The unit has 17 feet of retail frontage along Frederick Douglass Boulevard.​ The offering is leased to Harlem Amor on a ten-year lease that runs through July 2034.​ The tenant has three percent annual increases and reimburses for real estate taxes above base year (2024/2025).​ The unit has gas and venting in place, in addition to no use restrictions.​ The offering occupies the ground floor of a five-story, 14-unit hybrid building that was converted to condominiums in 2007.​ This is an opportunity to acquire a 100 percent occupied retail asset in a high-foot traffic area and no-use restrictions.​ The property is three blocks away from the B, C, and D subway lines.​ Thousands of housing units are located within just a few blocks.​