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Ariel Property Advisors

Ariel Property Advisors

Ariel Property Advisors
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Ariel Property Advisors
Property Details
- Property Type Multi-Family
- Property Size 9,132 SF
- Units 120
- Lot Size 0.06 Acre
- Year Built 1910
- Date Updated Aug 11, 2025
HP Plaza Portfolio, New York, NY 10039
120 Unit Post Year 15 LIHTC Portfolio w/ Assumable Financing | FOR SALE
2796 Frederick Douglass Blvd
2799 Frederick Douglass Blvd
300 West 149th Street
302 West 149th Street
304-306 West 149th Street
305 West 149th Street
302 West 148th Street
304 West 148th Street
310 West 148th Street
120 units across 9 buildings located within a two-block radius
Long-term assumable debt of over $16M in place until 2050/2051 at low interest rates
Article XI regulatory agreement with 60% and 165% AMI income restrictions
420-c tax exemption alleviates tax burden until 2051
9.84% Cash on Cash Return in Year 1
Nearby to Jackie Robinson Park, cultural institutions and neighborhood eateries and shops
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City New York, NY
- Neighborhood Harlem
- Zip Code 10039
- Market Manhattan
Points of Interest
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Harlem–148th Street
0.21 miles
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Saint Nicholas Ave & 155th St At Sw Corner
0.38 miles
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Saint Nicholas Ave & 155th St At Ne Corner
0.38 miles
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Lenox Avenue & 145th Street at Northwest Corner
0.39 miles
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Saint Nicholas Ave & 155th St at NW Corner
0.40 miles
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Saint Nicholas Ave & 155th Street at NW Corner
0.40 miles
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Lenox Avenue & 145th Street at Southwest Corner
0.41 miles
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Lenox Avenue & 145th Street at Northeast Corner
0.41 miles
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Lenox Avenue & 145th Street at Southeast Corner
0.42 miles
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Broadway & 145th Street at Northeast Corner
0.51 miles
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Shell
0.24 miles
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Global
0.33 miles
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Mobil
0.33 miles
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BP
0.71 miles
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ChargePoint
3.27 miles
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FLO
3.27 miles
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plugNYC
3.44 miles
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Tesla Supercharger
3.73 miles
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Harlem River North Lot
0.44 miles
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Harlem River Lot
0.44 miles
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Harlem River South Lot
0.44 miles
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Hamilton Grange
0.44 miles
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Commuter Parking
0.54 miles
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Rupert Plaza Garage
0.62 miles
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153rd Street Garage
0.62 miles
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153rd Street Lot
0.62 miles
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153rd Street South Lot
0.66 miles
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153rd Street North Lot
0.66 miles
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Saint Nicholas Inn
0.36 miles
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St Nicholas Hotel
0.37 miles
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Hotel
0.42 miles
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Lotus Accomodation
0.57 miles
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Best Western Plus
0.64 miles
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Holiday Inn Express
0.74 miles
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La Maison d'Art Private Gallery
0.84 miles
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Comfort Inn & Suites
1.21 miles
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Aloft Hotel
1.27 miles
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Apollo Hotel
1.39 miles
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Foodtown
0.14 miles
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Super Foodtown
0.20 miles
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The Food Emporium
0.22 miles
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Fine Fare Supermarket
0.30 miles
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Associated
0.38 miles
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Key Food
0.51 miles
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Shop Fair
0.53 miles
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Target
0.54 miles
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Bronx Terminal Market
0.54 miles
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Food Bazaar
0.58 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.