Located on Adam Clayton Powell Jr. Boulevard between West 134th and West 135th Streets, this three-story mixed-use building offers a straightforward value-add opportunity in a prime Harlem corridor.
The property includes three residential apartments (two studios and one one-bedroom), all of which will be delivered vacant at closing, allowing a new owner to immediately lease at market rates or renovate and reposition. The ground floor features one retail unit with a tenant in place through 2028, providing stable income.
Zoned R7-2 / C1-4, the building benefits from unused residential FAR, creating potential upside for future expansion or reconfiguration (subject to approvals). With low property taxes and strong transit access, this asset works well for investors, owner-operators, or long-term holders seeking steady income with upside.
BUILDING INFORMATION
Building Size: 2,400SF
Building Dimensions: 18 x 55
Zoning: R7-2/ C1-4
Residential FAR: 3.44
Residential Units: 3 (all-delivered vacant upon closing)
Commercial Units: 1
Lot Size: 17.75 x 65 SF | 1,154 SF
Unused FAR: 1,569 SF
Property Taxes 2025: $6,957,76