MultiFamily Property at 2918 Frederick Douglass Boulevard
2918 Frederick Douglass Boulevard, New York, NY 10039
7,700 SF
Square Feet
Property Description
The New York Multifamily Team at Marcus & Millichap is pleased to present the following opportunity in the vibrant Harlem neighborhood. 2918 Frederick Douglass Boulevard is a fully free-market, 12-unit walk-up situated between West 154th and West 155th Street. Spanning 7,700 square feet, this property offers investors both stable cash flow and future value-add potential. 2918 Frederick Douglass is made up of 12 spacious two-bedroom apartments.
Professionally managed and well-maintained by the same ownership for the past eight years, 2918 Frederick Douglass Boulevard is just steps from Jackie Robinson Park, Harlem River Drive, and the 155th Street B and D trains.
- All 12 apartments have been fully deregulated through Individual Apartment Improvements (IAIs), providing investors with long-term free-market stability and growth potential
- 2918 Frederick Douglass Boulevard is just steps from Jackie Robinson Park, Harlem River Drive, and the 155th Street B and D trains.
Property Details
Asset Type
MultiFamily
Year Built
1920
Zoning
R7-2, Manhattan
Neighborhood
Harlem
Submarket
New York
ZIP
10039
Renovated
2019
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
$0
Cash-on-Cash Return
0.00%
Monthly Debt Service
$0
Annual Debt Service
$0
View on Map
Address
2918 Frederick Douglass Boulevard
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New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
