2378 Adam Clayton Powell Jr Boulevard

Central Harlem

$6,990,000
Price
8
Beds
7
Baths
7,500 Sq. Ft.
$932 / Sq. Ft.
7,500
Sq. Ft.
$932
per Sq. Ft.

Description

Compass is proud to bring to market 2398 7th Avenue -- an incredibly beautiful five-story corner building in the Saint Nicholas Historic District.​
Currently setup as six residential units with one commercial unit, this building offers numerous value-add opportunities:
1.​ Partially renovated, an investor could simply finish up the remaining units and collect income in a very quickly appreciating area by either leaving the layout as is or capitalizing on the mixed-use zoning and converting the first
...Compass is proud to bring to market 2398 7th Avenue -- an incredibly beautiful five-story corner building in the Saint Nicholas Historic District.​

Currently setup as six residential units with one commercial unit, this building offers numerous value-add opportunities:

1.​ Partially renovated, an investor could simply finish up the remaining units and collect income in a very quickly appreciating area by either leaving the layout as is or capitalizing on the mixed-use zoning and converting the first floor and lower level to a large retail unit;

2.​ For those wanting a quicker return, a floor through-unit condo conversion in this booming area would fetch sales prices well over $1,000/SF;

3.​ For end-users, a single family conversion is also possible and would result in one of the best-known trophy houses in northern Manhattan.​ In any of these scenarios, you would have the possibility to utilize the existing bulkhead to gain roof permitting, as well as duplex the existing basement with the first floor while still leaving the cellar below for communal space and mechanicals.​

Feel free to reach out for a setup, pro-forma, and conversion metrics.

Listing Agent

  1. Nathan Horne

    Nathan Horne

    Listing Agent

    Compass

Amenities

  • Common Roof Deck
  • Exposed Brick
  • Decorative Mouldings
  • Corner Lot
  • Full Basement
  • Semi-Detached

Location

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LISTING UPDATED: 07/19/2022 10:47 AM

Property Details for 2378 Adam Clayton Powell Jr Boulevard

StatusPermanently Off Market
Days on Market63
Taxes$1,227 / month
Maintenance-
Min. Down Pymt-
Total Rooms22.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1910
Lot Size1,553 SF
CountyNew York County

Location

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Virtual Tour

Building Information for 2378 Adam Clayton Powell Jr Boulevard

Stories5Residences7Year Built1910Building Size20' x 73'Building Sq. Ft7,300 SFLot Size1,553 SFBuilding Age-Building Type-

Payment Calculator

$39,374 per month

30 year fixed, 7.25% Interest

Principal and Interest

$38,147

Property Taxes

$1,227

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 2378 Adam Clayton Powell Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2378 Adam Clayton Powell Jr Boulevard

This home is within New York City Geographic District # 5.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 123 Mahalia Jackson
PublicPK to 8

Urban Assembly Academy for Future Leaders
Public6 to 8

Knowledge And Power Prep Academy Iv
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.