Quintessential Harlem Corner Property - FOR SALE
$2,850,000
2 Malcolm X Boulevard, Brooklyn, NY 11221
5.7
Cap Rate
5,500 sqft
Building Size
Details:
Highlights:
- The immediate area hosts a healthy mix of neighborhood essentials—grocery, pharmacy, personal services, restaurants, and specialty operators. This ensures stable consumer activity and makes the location ideal for daily-needs tenants.
- The property is embedded within a mature residential neighborhood characterized by consistent population density and long-term occupancy. Local households drive reliable foot traffic and support strong year-round retail demand.
- Multiple subway lines (A, B, C, D, 2, 3) and MTA bus routes are within walking distance, drawing a broader customer base and reinforcing the location’s accessibility. Transit connectivity enhances both retail and residential resilience.
- With cosmetic upgrades or re-tenanting, the ground-floor retail has room for repositioning. Improved signage, interior modernization, or curated tenant selection could materially increase performance and rent potential.
Description:
Kassin Sabbagh Realty (KSR) 2 Malcolm X Blvd in New York is a quintessential Harlem corner property that embodies the neighborhood’s architectural character, cultural energy, and continuous commercial activity. Positioned at a prominent intersection, the building is surrounded by a lively mix of residential and retail uses, with steady foot traffic throughout the day from locals, commuters, and visitors moving along Malcolm X Boulevard—one of the area’s most active north-south corridors. The structure itself showcases classic early-20th-century New York craftsmanship, featuring decorative brickwork, tall windows, cast-iron fire escapes, and a distinctive corner storefront that anchors the block visually and commercially.
The immediate neighborhood is dense and vibrant, with long-standing small businesses, cafés, barbershops, convenience stores, and community institutions shaping the streetscape. The property benefits from its close proximity to multiple subway lines, bus routes, and essential services, making it a convenient hub for daily neighborhood activity. Its positioning at the corner gives any ground-floor tenant high visibility, strong signage opportunities, and a natural advantage in capturing pedestrian attention.
Overall, 2 Malcolm X Blvd represents a stable, high-exposure retail location in a historically rich and evolving area of Harlem. The blend of architectural charm, consistent foot traffic, and entrenched community presence makes it an attractive site for businesses looking to serve one of Manhattan’s most culturally significant and tightly knit neighborhoods.
Documents:
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Location
Gallery