Apartments Condo For Sale • 500 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit Retail | Retail | 500 SF | $925,000 USD | |
Sale NotesThe subject offering is a 464-square-foot retail condominium located on Frederick Douglass Boulevard between West 112th and West 113th Streets in Upper Manhattan’s Harlem neighborhood. The unit has a total square footage of 833 with 464 square feet at grade with an additional 369-squarefoot lower level. The unit has 17 feet of retail frontage along Frederick Douglass Boulevard. The offering is leased to Harlem Amor on a ten-year lease that runs through July 2034. The tenant has three percent annual increases and reimburses for real estate taxes above base year (2024/2025). The unit has gas and venting in place, in addition to no use restrictions. The offering occupies the ground floor of a five-story, 14-unit hybrid building that was converted to condominiums in 2007. This is an opportunity to acquire a 100 percent occupied retail asset in a high-foot traffic area and no-use restrictions. The property is three blocks away from the B, C, and D subway lines. Thousands of housing units are located within just a few blocks. |
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| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Harlem-125th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) | 4 min | - | 1.5 mi |
| Yankees-E 153rd Street Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) | 8 min | - | 3.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Cathedral Parkway (110 Street) (A,B,C Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) | 1 min | 3 min | 0.2 mi |
| 116 Street (A,B,C Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) | 1 min | 3 min | 0.2 mi |
| Central Park North (110 Street) (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) | 2 min | 8 min | 0.4 mi |
| 103 Street (A,B,C Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.5 mi |
| 116 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.5 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 17 min | - | 7.3 mi |
| Newark Liberty International | 30 min | - | 18.3 mi |
| John F Kennedy International | 30 min | - | 18.5 mi |