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$2,647,837
List Price: $2,695,000
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2350 Adam Clayton Powell Junior Boulevard
Townhouse in Central Harlem •  building info
6bd • 7ba • 4,942ft² $545 per ft²
Buy with Yoreevo

$2,647,837

List Price

$2,695,000

Key Details
Listed today
Last price change
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Estimated payment
$15,577/mo
Taxes
$1,035/mo
Maintenance
N/A
Description
2350 Adam Clayton Powell Jr Blvd is a gorgeous mixed-use (Three-Family plus Retail/Office) property located in the St Nicholas Historic District (Strivers Row) and perfectly positioned to generate a 7% pro forma cash-on-cash return for an investor while equity appreciates! This fully renovated twenty-foot-wide brick-brownstone property is situated in the heart of historic Harlem, two doors down from the original Red Rooster social club and half a block from Abyssinian Church. This lovely mixed-use townhouse was fully renovated in 2015 and combines classic charm with the comforts of modern living, including central HVAC, a touch-pad security system, and video intercom. It comprises three fully renovated two-bedroom two-bathroom apartments over a retail/office space. The apartments are open plan with high ceilings, large windows for a wonderful sense of light and space, Brazilian walnut hardwood floors, and recessed lighting. Each has a primary bedroom with high ceilings, abundant light and ensuite bathroom, a second bedroom and second full bathroom, and an open concept living room and European-style Chefs kitchen features stainless steel appliances, granite counters and mosaic backsplash, plus in-unit laundry. The commercial space is 20 feet deeper than the apartments above, measuring 20'x70'. The rear of the property leads on to a private alley attached to a shared, gated driveway. There is access to the basement via front stairs and privately via the commercial space. This lovely home is close to the up-and-coming restaurant/caf scene in the neighborhood. Notable local landmarks include Alexander Hamilton Grange, historic Strivers' Row, the Harlem YMCA, and City College. The property is a short walk from shopping on 125th Street and conveniently situated for the B/C and 2/3 subway lines and the M1, M2, M7 and M10 bus lines. For recreation, the property is just a few steps from St. Nicholas Park. Showings are by appointment.

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Important Stuff
Washer/Dryer in unit
Home features
Central Air
Dishwasher
Hardwood floors
Building amenities
Services and facilities
Fios Available
Laundry in Building
Building info

History
What it'll cost
Purchase price
$2,695,000
Asking Price: $2,695,000
Term
30 Years
Down Payment
$269,000 (10%)
Min: 10% (269,000)
Rate
6.0 %
Mortgage Amount
$2,425,500
Mortgage Payment
$14,542
Taxes
$1,035
Estimated Yoreevo rebate
$47,163
Estimated closing cost
$98,000
Total monthly cost $15,577
Buy your dream home with us and get an estimated $47,163 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Harlem Lofts Inc

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