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2298 Frederick Douglass Blvd - Availability Details

2298 Frederick Douglass Blvd, New York, NY 10027

  • For Sale $3,600,000
  • Property Type Retail - Retail (Other)
  • Property Size 3,526 SF
  • # of Floors 1
  • Average Floor Size 3,526 SF
  • Property Tenancy Single Tenant
  • Date Updated Apr 18, 2022

Lee & Associates NYC is pleased to exclusively present for sale the retail condominium at 2298 Frederick Douglass Boulevard located in Harlem, New York (“The Property”). Situated on the corner of Frederick Douglass Boulevard and West 124th Street, The Property is currently occupied by Juno Healthcare, an all-encompassing provider of family healthcare. Juno Healthcare occupies the space for a ten-year term (September 2031) and has a structured net lease, paying for all operating expenses. The Property provides an investor with consistent cashflows with an extremely low level of responsibility.

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Location

  • Walk Score ® Walker's Paradise (97)
  • Transit Score ® Rider's Paradise (100)
  • Bike Score ® Very Bikeable (83)
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  • City New York, NY
  • Neighborhood Harlem
  • Zip Code 10027
  • Market Manhattan

Contacts

broker

Chris Varjan

Lee & Associates

(212) 776-1272

broker

George Steffani

Lee & Associates

(212) 776-1207

broker

Kjersten Angell

Lee & Associates

(212) 776-1261

Highlights

  • Abundance of recent and upcoming residential development projects lend themselves to increased success for service-based retail presence
  • Steps away from Harlem’s electric 125th Street retail corridor
  • Healthcare tenancy and triple net structure provide investors peace of mind given today’s market concerns

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