2391 & 2393 FREDERICK DOUGLASS BLVD

This package includes two mixed-use buildings on Frederick Douglass Boulevard and a two-story commercial property at 303 West 128th Street. The first building, located at 2391 Frederick Douglass Boulevard, is a 25-foot-wide, four-unit, four-story corner mixed-use property. The second, also on Frederick Douglass Boulevard, is a 25-foot-wide, three-unit, four-story mixed-use building. The property at 303 West 128th Street is a two-story commercial structure.

Situated in prime Harlem, this portfolio presents an exceptional investment and development opportunity. As all apartments are free-market units, an investor can upgrade the interiors and common areas to increase rents, have tenants cover their own utilities, or combine apartments for larger, higher-rent units. The five ground-floor retail spaces add further value, benefiting from a strong corner location just a short walk from the A, C, B, and D trains at 125th Street and St. Nicholas Avenue, ensuring steady demand.

The favorable zoning and lot size enhance its development potential, allowing for a new 43,056-square-foot building under inclusionary housing guidelines. Future residential plans could feature a mix of one- and two-bedroom apartments.