For Sale
$3,000,000

2705 Frederick Douglass BlvdNew York, NY 10030

Prime Harlem redevelopment opportunity. 6,500 sq ft, $3M.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 3-story, 6,500 square foot mixed-use building at 2705 Frederick Douglass Boulevard in Harlem, New York, presents a compelling redevelopment opportunity. Currently configured as a religious facility on the ground and second floors, and four residential apartments on the third floor, the property offers significant potential. All apartments will be vacant at closing. The existing religious facility on the ground floor is to remain, with a preference for the conversion of the ground floor and partial basement into a condo unit for the church post-construction. This investment property is situated on the west side of Frederick Douglass Boulevard between 143rd and 144th Streets, benefiting from excellent transit access via the A, C, B, D, 1, and 3 subway lines at 145th Street. The asking price is $3,000,000, translating to $461.54 per square foot. This presents a unique chance to acquire a substantial property in a vibrant and rapidly developing neighborhood. The building's size and location make it an attractive prospect for investors seeking a high-return project in a prime Harlem location. The vacant residential units offer immediate potential for rental income or further development.

Highlights

  • Exceptional 3-story, 6,500 sq ft mixed-use building in Harlem.
  • Currently configured as a religious facility (ground & 2nd floor) and four vacant residential apartments (3rd floor).
  • Located at 2705 Frederick Douglass Blvd, between 143rd & 144th Streets, with excellent transit access (A, C, B, D, 1, 3 trains).
  • Asking price: $3,000,000 ($461.54/sq ft).
  • Offers redevelopment potential; ground floor & partial basement preferred for church condo conversion.

Property Details for 2705 Frederick Douglass Blvd

Property type
Mixed-use properties, Apartment buildings
Square Feet
6,500 SF

Location Insight

City
New York
County
New York
State
New York
Latitude
40.821951825482
Longitude
-73.942604033227
2705 Frederick Douglass Blvd, New York, New York

FAQs

What type of property is this?
Mixed-use property - Prime Harlem redevelopment opportunity. 6,500 sq ft, $3M.
Where is the mixed-use property located?
The property is located at 2705 Frederick Douglass Blvd New York, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Exceptional 3-story, 6,500 sq ft mixed-use building in Harlem.; Currently configured as a religious facility (ground & 2nd floor) and four vacant residential apartments (3rd floor).; Located at 2705 Frederick Douglass Blvd, between 143rd & 144th Streets, with excellent transit access (A, C, B, D, 1, 3 trains).
How can I contact the broker?
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2705 Frederick Douglass Blvd
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