2296 2Nd Ave, Unit New York, Manhattan, NY 10035
- Investment properties
- 4,492 SF
- 0.04 lot acres
Current Use by Public Records
- ULTIMATE BLACK CAR / Car Rental Facility
Property Details for 2296 2Nd Ave
- Year built
- 1900
- Lot size
- 0.04 lot acres
- Zone code
- R9A
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 01689-0049
- APU
- 16890049
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 8, 2020 | $3,100,000 | Union Property Group LLC | Jlk Realty Holding LLC | Grant Deed | — |
| Dec 31, 2013 | $1,350,000 | Jlk Realty Holding LLC | Perez,ivette | Grant Deed | $675k · Bcb Community Bank |
| — | — | Jlk Realty Holding LLC | — | Loan Modification, Consolidation And Extension · related | $1.4M · First Ctrl Svgs Bk |
Description
This exceptional newly renovated four-story brick corner building in the heart of Historic East Harlem presents a compelling mixed-use investment opportunity. Boasting 1,531 square feet on a prime lot at 2296 2nd Ave, New York, NY 10035, this 1900-built property offers three residential units and retail space, along with two convenient on-site garages. The building features a new roof and all utilities (gas, water, and heat) are separately metered. Zoned R9A, C2-5, EHC/TA, it benefits from a residential FAR of 7-52. Its strategic location near the East River Plaza (with Costco and Target), numerous restaurants and cafes, and the upcoming Q Train station (Phase 2 of the Second Ave Subway project) promises significant future appreciation. This property represents a rare chance to acquire a well-maintained, income-generating asset in a rapidly developing area of Upper Manhattan, known for its strong blue-chip residential development potential. The spacious three-bedroom units and the added benefit of two garages enhance the property's overall value and appeal. The asking price is $3,980,000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,835,000
- ML approach
- $2,840,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,385,000
- 6.5%
- $2,205,000
- 7%
- $2,045,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,670,000
- OFFICE BUILDING
- $2,870,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9366
- Latitude
- 40.7981
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
