2307 Adam Clayton Powell Jr Blvd New York, NY 10030-2970
- Office buildings
- 3,772 SF
- 0.03 lot acres
Current Use by Public Records
- Body Lawson Associates / Architect
- Go Hard Dance / Training Center
Property Details for 2307 Adam Clayton Powell Jr Blvd
- Year built
- 1890
- Lot size
- 0.03 lot acres
- Property size
- 3,772 SF
- Zone code
- R7-2
- Property type
- Office buildings
- APN
- 01920-0003
- APU
- 19200003
Description
This exceptional multi-tenant retail storefront, located at 2307 Adam Clayton Powell Jr Blvd in New York, NY 10030, presents a compelling investment opportunity. The 3,770 square foot building sits on a 1,275 square foot lot and is currently 75% occupied, generating a pro-forma net operating income (NOI) of $95,000. The property features four commercial units and is classified as a Class B building. Its zoning designation, R7-2 and C1-4, allows for a variety of uses, offering significant flexibility for future development or tenant occupancy. The building's location in a highly desirable New York City neighborhood ensures strong tenant demand and potential for increased rental income. The property can be delivered vacant, providing an opportunity to reposition the asset and maximize its rental potential. This translates to a significant upside in projected NOI, estimated at approximately $133,000. This turnkey commercial building offers a rare chance to acquire a well-situated, income-producing asset with substantial growth potential in a vibrant urban market. The property's size, zoning, and location combine to create a lucrative investment opportunity in a highly sought-after area.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9431
- Latitude
- 40.8154
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
