Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1970 Adam Clayton Powell Jr Blvd 7,500 SF 67% Leased Retail Building New York, NY 10026 $4,078,375 CAD ($543.78 CAD/SF) 9.32% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Kassin Sabbagh Realty (KSR) is handling the sale of 1970 Adam Clayton Powell Jr. Blvd, an excellent Retail/Office real estate opportunity in Harlem, NY. This three-story building spans 7,500 square feet and includes both a fully finished basement and an elevator. Located between W 118th and W 119th Streets on Adam Clayton Powell Jr. Boulevard (7th Avenue), the property features a vacant retail space with a basement, and both the third and fourth floors are currently occupied. With its high-traffic location and proximity to the 2/3 trains at 116th Street / Malcolm X Boulevard and the C/B trains at 116th Street/Frederick Douglass Boulevard, this property is a great fit for businesses such as a dental office, pharmacy, billing center, or other professional services.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,500 SF
Building Class
B
Year Built
2004
Price
$4,078,375 CAD
Price Per SF
$543.78 CAD
Cap Rate
9.32%
NOI
$380,082 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.87
Lot Size
0.06 AC
Zoning
R7-2 - Commercial
Frontage
32’ on Adam Clayton Powell Blvd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Services
  • -
  • -
  • -

Community Healthcare Network is a not-for-profit organization providing more than 80,000 New Yorkers with primary and behavioral healthcare, dental, nutrition, wellness, and needed support services. Their network is made up of over a dozen federally qualified health centers throughout Brooklyn, the Bronx, Queens, and Manhattan, along with 2 mobile vans that bring health services to underserved people in need throughout New York City. They provide judgment-free, high-quality healthcare, without regard to race, religion, orientation, gender identity, immigration status or ability to pay. They turn no one away. Their health centers serve neighborhoods that are incredibly diverse. More than 96% of CHN’s patients are people of color, with 46% identifying as African-American/Caribbean, 49% as Hispanic, and 1% as Asian-American. A large number of their patients are immigrants and the working poor. Approximately 29% of CHN’s patients are best served in a language other than English.

  • Dr.Samos
  • Health Care and Social Assistance
  • -
  • -
  • -
  • HLS Connection INC
  • -
  • -
  • -
  • -
  • Nycs Prep Inc
  • Educational Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Services - - -
Dr.Samos Health Care and Social Assistance - - -
HLS Connection INC - - - -
Nycs Prep Inc Educational Services - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,500 SF
  • Retail
  • -
  • Now

Great for: businesses such as a dental office, pharmacy, billing center, or other professional services. Situated at the base of a three-story, 7,500 SF building.

Space Size Space Use Position Available
1st Floor 2,500 SF Retail - Now

1st Floor

Size
2,500 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,500 SF
Space Use Retail
Position -
Available Now

Great for: businesses such as a dental office, pharmacy, billing center, or other professional services. Situated at the base of a three-story, 7,500 SF building.

Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Planet Fitness
Starbucks
CTown
Lidl
Chase Bank
Tex's Chicken & Burgers
Checkers
Buffalo Wild Wings
Just Salad
Golden Krust Caribbean Restaurants

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1924-0034
Land Assessment
$112,314 CAD
Improvements Assessment
$1,109,058 CAD
Total Assessment
$1,221,372 CAD
  • Listing ID: 34743702

  • Date on Market: 2025-02-06

  • Last Updated:

  • Address: 1970 Adam Clayton Powell Jr Blvd, New York, NY 10026

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}