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2733 Frederick Douglass Blvd 14 Unit Apartment Building $5,929,600 CAD ($423,543 CAD/Unit) New York, NY 10039
Investment Highlights
- Mixed-Use Asset
- Development Potential
- Retail Income
- Value-Add Opportunity
- Residential Income
- Below-Market Rents
Executive Summary
Tahari Realty is pleased to offer 2733 Frederick Douglass Boulevard, a mixed-use investment opportunity in the heart of Central Harlem. The five-story property consists of 12 residential apartments and 2 ground-floor retail spaces totaling approximately 12,434 SF. The asset offers stable in-place cash flow with significant upside through below-market residential rents and approximately 15,491 SF of remaining development rights, making it an ideal long-term investment in one of Manhattan's strongest growth markets.
Highlights
-Mixed-use investment property in Central Harlem
-12 residential apartments & 2 ground-floor retail spaces
-Approx. 12,434 SF existing building area
-Approx. 15,491 SF remaining development rights
-Zoned C4-4D (R8A)
-Stable in-place income with value-add potential
-Prime Frederick Douglass Boulevard location
-Steps from the A/C/B/D and 1 subway lines
Highlights
-Mixed-use investment property in Central Harlem
-12 residential apartments & 2 ground-floor retail spaces
-Approx. 12,434 SF existing building area
-Approx. 15,491 SF remaining development rights
-Zoned C4-4D (R8A)
-Stable in-place income with value-add potential
-Prime Frederick Douglass Boulevard location
-Steps from the A/C/B/D and 1 subway lines
Property Facts
| Price | $5,929,600 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $423,543 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 14 | Building Size | 17,480 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | C4-4D - Regional commercial center located outside of the central business districts | ||
| Price | $5,929,600 CAD |
| Price Per Unit | $423,543 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 17,480 SF |
| No. Stories | 5 |
| Year Built | 1910 |
| Zoning | C4-4D - Regional commercial center located outside of the central business districts |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2045-0011 | Improvements Assessment | $1,520,717 CAD |
| Land Assessment | $73,318 CAD | Total Assessment | $1,594,035 CAD |
Property Taxes
Parcel Number
2045-0011
Land Assessment
$73,318 CAD
Improvements Assessment
$1,520,717 CAD
Total Assessment
$1,594,035 CAD
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2733 Frederick Douglass Blvd
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