2nd Ave Harlem Portfolio for Sale FOR SALE


New York, NY - East Harlem
$65,000,000 USD
914-262-2598
, New York, NY for Sale
$65,000,000 USD
FOR SALE
1/9
null | 2.73% Cap Rate

2nd Ave Harlem Portfolio for Sale
New York, NY
East Harlem


HIGHLIGHTS

  • $2,404,000 Annual Revenue
  • $1,775,000 NOI
  • Combination of rent stabilized and Free Market

OVERVIEW

Introducing the Harlem 2nd Ave Portfolio, a remarkable collection of four mixed-use properties located in the heart of East Harlem in New York City. These properties, situated at 1968, 1978, 1980, and 1982 2nd Ave, present an exceptional development opportunity or investment option. With a total area of over 50,000 square feet encompassing both residential and commercial spaces, this portfolio offers immense potential. Furthermore, the Harlem 2nd Ave Portfolio comes with an additional advantage - over 58,000 square feet of unused air rights, enabling further expansion and development possibilities. Immerse yourself in the vibrant atmosphere of this sought-after neighborhood, as these properties are conveniently situated within walking distance of parks, markets, bars, and restaurants. Don't miss out on this exceptional chance to own a piece of Harlem's dynamic landscape and diverse culture. New developments in the immediate area, as the possibilities seem endless. There isn’t just one or two but a collection of 11 sites, in our brochure, that will show the future potential.

ASK ABOUT THIS PROPERTY

Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.