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$ 2,888,000
Est. payment | /mo
2,016 Sqft Lot
$ 2,888,000
Est. payment | /mo
2,016 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 916944
Rental Info No
Year Built 1910
Annual Tax Amount $12,801
Lot Size 2,016 Sqft
Acres 0.0463
Property Sub-Type Multi Family
Source onekey2
Property Description
Residential and Commercial Mixed-Use Opportunity in South Harlem — Income + Upside
Turnkey rent-producing asset with amazing potential. This classic 5-story brick building offers four full floor-residential apartments above a highly visible ground floor retail space, all strategically located on one of Harlem's busiest East-West corridors. With 6,590+ square feet of total space, classic character, brick facade, hardwood floors, high ceilings- this property combines strong existing cash flow with serious chances to add value. Reliable rental income from retail plus four residential units, great base income from day one! The ground-floor commercial space was home to LoLo's Seafood Shack, a neighborhood staple that thrived in this location for a decade. The commercial space offers excellent visibility, constant foot traffic, and strong demand for dining and retail concepts. In addition, your income generating property features a full basement with direct access to the backyard, offering excellent potential for storage, expansion or additional use.
Lot & Footprint: Built on a ~20' x 100.92' lot, with ~20' x 63' building footprint.
Transit & location: walkability & transit access. Steps to B/C trains, close to 2/3 lines. Minutes to Columbia University, Morningside Park, great dining on Frederick Douglass Blvd.
All units are delivered vacant; strong possibility to reconfigure the top floors or add value via renovation.
Zoning & Flexibility: R7A / R8A zoning with a C1-4 commercial overlay offers options.
Rent Roll available upon request.
Turnkey rent-producing asset with amazing potential. This classic 5-story brick building offers four full floor-residential apartments above a highly visible ground floor retail space, all strategically located on one of Harlem's busiest East-West corridors. With 6,590+ square feet of total space, classic character, brick facade, hardwood floors, high ceilings- this property combines strong existing cash flow with serious chances to add value. Reliable rental income from retail plus four residential units, great base income from day one! The ground-floor commercial space was home to LoLo's Seafood Shack, a neighborhood staple that thrived in this location for a decade. The commercial space offers excellent visibility, constant foot traffic, and strong demand for dining and retail concepts. In addition, your income generating property features a full basement with direct access to the backyard, offering excellent potential for storage, expansion or additional use.
Lot & Footprint: Built on a ~20' x 100.92' lot, with ~20' x 63' building footprint.
Transit & location: walkability & transit access. Steps to B/C trains, close to 2/3 lines. Minutes to Columbia University, Morningside Park, great dining on Frederick Douglass Blvd.
All units are delivered vacant; strong possibility to reconfigure the top floors or add value via renovation.
Zoning & Flexibility: R7A / R8A zoning with a C1-4 commercial overlay offers options.
Rent Roll available upon request.
Location
State NY
County New York (manhattan)
Rooms
Basement Full
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available Natural Gas Connected
Building
Story 5
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by RE/MAX Distinguished Hms.&Prop • Ayleen Aybar
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "