Two Adjacent Mixed-Use Buildings in Central Harlem
$3,250,000
2153 -2155 Adam Clayton Powell Junior Boulevard, New York, NY 10027
For Sale
Mixed Use
Unknown Sub Type
Active
Last Updated: 04/15/2026
7.59
Cap Rate
246,654
NOI
Details:
Cap Rate: 7.59%
NOI: $246,654
Building Size: 14,400 sqft
Lot Area: 3,750 sqft
Units: 19
Price Per Sqft: $226
Price Per Unit: $171,053
Zoning: R7-2 / C1-4
Highlights:
- The portfolio includes 17 residential units, 5 free-market, and 2 ground-floor commercial spaces, providing diversified income streams
- The properties contain approximately 14,400 gross square feet across two buildings situated on a 3,750 square foot combined lot
- Two Adjacent Mixed-Use Buildings in Central Harlem – The offering consists of two contiguous five-story mixed-use buildings
- Long-Term Value in a Strong Rental Market
- Minimal CapEx, properties are well maintained and require nominal repairs
- Close proximity to the A,C,B,D,2 & 3 trains. As well as the M2 bus line going North and South on ACP Jr. Blvd
- Prime Harlem Corridor Location – Positioned along Adam Clayton Powell Jr. Boulevard, the asset benefits from surrounding neighborhood amenities, retail corridors, and convenient access to major subway lines serving Upper Manhattan and Midtown.
- Both properties are tax class 2B, tax class protected
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