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2296 Frederick Douglass Blvd
New York, NY 10027

$3,850,000 USD

Hotel Condo For Sale  •  3,700 SF

Property Details

  • Property Type Hotel
  • Total Building Size 103,522 SF
  • Lot Size 0.37 AC
  • Building Class B
  • Year Built 2010
  • Zoning R8A
100 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit Retail Office/Retail 3,700 SF $3,850,000 USD
  • Unit Size: 3,700 SF
  • Condo Use: Office/Retail
  • Price: $3,850,000 USD
  • Sale Type: Investment
  • Price/SF: $1,040.54 USD
Description
Juno Medical is a modern healthcare provider with a range of services including primary care, pediatrics, rheumatology, same-day urgent care, and women's health. Juno is led by Dr. Shante Hinson, with two locations in New York City. The Property is a fully built-out medical office with a phlebotomy room, x-ray room, and 11 exam rooms. 

Recently constructed in 2010, the Property is on the ground floor of a 12-story building containing 44 residential units and a 124-room Aloft Hotel. The Property is in close proximity to the subway stations and the major retail corridor along 125th Street.

Sale Notes
SAB Capital, as the exclusive broker, is proud to present the sale of the retail condominium at 2298 Frederick Douglass Blvd, located in Harlem, New York (the "Property"). 

Located in the heart of Harlem at the corner of Frederick Douglass Blvd and West 124th Street, the property offers 90 feet of prime frontage along the famous boulevard. 

The Property is currently occupied by Juno Medical, who is operating under a passive 10-year NNN lease, providing steady cash flow with minimal responsibilities for the landlord. The Property benefits from an ICIP tax abatement that runs through 2036.

Property Flyers

Amenities

  • Business Center
  • Fitness Center
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free
  • Digital key

Public Transportation

Commuter RailDriveWalkDistance
Harlem-125Th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 15 min 0.8 mi
Yankees-E 153Rd Street Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 2.4 mi
Transit/SubwayDriveWalkDistance
125 Street (A,B,C,D Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 0 min 4 min 0.2 mi
116 Street (A,B,C Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
125 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 0 min 7 min 0.4 mi
125 Street (1 Line) (1 - New York MTA Subway (The Subway)) 1 min 11 min 0.6 mi
116 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Laguardia 14 min - 6.7 mi
John F Kennedy International 27 min - 18.0 mi
Newark Liberty International 29 min - 23.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Asher Wenig 646-303-9613 SAB Capital
Asher Wenig 646-303-9613 SAB Capital