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1890 Adam Clayton Powell Jr Blvd - The Strathmore 6,075 SF Retail Condo Unit Offered at $1,373,044 CAD in New York, NY 10026



Executive Summary
GFI Realty Services is pleased to present the offering of a retail condo package located at 1890 Adam Clayton Powell Jr Boulevard (aka The Strathmore) in the Harlem section of Manhattan. The package is comprised of three retail units, one of which is two units combined, and a community facility totaling 6,075 rentable square-feet. 1890 Adam Clayton Powell Jr Boulevard is a large (6)-story elevator condominium building located in Harlem, Manhattan. The asset is centrally located in Harlem in proximity to the 125th Street commercial corridor, where residents have access to countless neighborhood amenities including eateries and retailers, Whole Foods, the Studio Museum of Harlem, the Apollo Theatre and the National Black Theatre. The property is also within blocks of Columbia University, Morningside Park, Marcus Garvey Park and Central Park North. In addition to the surrounding attractions, the location of the assets offers immediate access to the 2, 3, A, B & C subway lines, various bus routes and Citi Bike stations.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.40% |
| Sale Type | Investment |
| Cap Rate | 6.40% |
6,075 Rentable SF
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit St 1, 2, 3 | 6,075 SF | Retail | $1,373,044 CAD ($226.02 CAD/SF) | $87,874.80 CAD |
Unit St 1, 2, 3
| Unit Size |
| 6,075 SF |
| Condo Use |
| Retail |
| Price |
| $1,373,044 CAD ($226.02 CAD/SF) |
| NOI |
| $87,874.80 CAD |
Unit St 1, 2, 3
| Unit Size | 6,075 SF |
| Condo Use | Retail |
| Price | $1,373,044 CAD ($226.02 CAD/SF) |
| NOI | $87,874.80 CAD |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Description | |
| The package is comprised of three retail units, one of which is two units combined, and a community facility totaling 6,075 rentable square-feet.</li></ul> | |
| Sale Notes | |
| 3 Retail Condos & A Community Facility<br> 6,075 Rentable SF</li></ul> |
Property Facts
| Total Building Size | 47,168 SF | Typical Floor Size | 7,861 SF |
| Property Type | Multifamily (Condo) | Year Built | 1920 |
| Property Subtype | Apartment | Lot Size | 0.23 AC |
| Building Class | C | Opportunity Zone |
Yes
|
| Floors | 6 | ||
| Zoning | R72, New York - Medium-density apartment house district with lower parking requirements | ||
| Total Building Size | 47,168 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 7,861 SF |
| Year Built | 1920 |
| Lot Size | 0.23 AC |
| Opportunity Zone |
Yes |
| Zoning | R72, New York - Medium-density apartment house district with lower parking requirements |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | - | - |
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Friends of the Children NY |
-
|
Jan 0000
|
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1890 Adam Clayton Powell Jr Blvd - The Strathmore
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