2280 Frederick Douglass BlvdNew York, NY 10027

Property Details for 2280 Frederick Douglass Blvd

Year built

2010

Lot size

0.27 AC

Property size (Sq ft)

9,035 SF

Zone code

R8A

Property type

Parking lots & garages

APN

01928-1501

APU

19281501

Description

This exceptional 6,431-square-foot retail space is located at 2280 Frederick Douglass Boulevard in the vibrant Harlem neighborhood of New York City, New York County, zip code 10027. The property is classified as both retail and restaurant space, and is currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire building. The building's single suite offers significant flexibility for a variety of uses, making it ideal for a large-scale retail operation, a flagship restaurant, or a mixed-use concept. The property's street-level location on Frederick Douglass Boulevard ensures high visibility and accessibility for potential customers. With its substantial square footage and prime location in a thriving community, this property represents a rare opportunity to establish a significant presence in a dynamic and rapidly developing area of Manhattan. The address is easily accessible via various public transportation options, further enhancing its appeal to both businesses and customers. The property is ready for immediate occupancy. Interested parties should inquire promptly to secure this exceptional retail opportunity. The total building square footage is 6,431 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,709,130

  6.5%

  $1,577,660

  7%

  $1,464,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,227,730

  Geo Method

  $1,227,730

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,076,590

  Mixed-Use / Specialty

  $1,572,040

  Hospitality / Lodging

  $1,153,350

  Office

  $1,562,700

  Institutional / Educational

  $1,634,280

  Residential Income

  $1,912,110

  Multifamily

  $2,293,290

  Automotive / Energy

  $1,400,820

  Parking / Income-Based Land

  $483,404

  Restaurant / Food Service

  $817,629

  Healthcare / Senior Housing

  $1,612,090

Location Insight

City

New York

County

New York

State

New York

Latitude

40.8085

Longitude

-73.952

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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