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2376 Adam Clayton Powell Jr Blvd
928 SF of Retail Space Available in New York, NY 10030
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste GND | 928 SF | 8’ | 15 Years | $60.72 /SF/YR $5.06 /SF/MO $653.58 /m²/YR $54.47 /m²/MO $4,696 /MO $56,348 /YR | Triple Net (NNN) |
1st Floor, Ste GND
Prestigious Strivers' Row Location - Alibi Lounge Business for Sale! Great opportunity to own a bar lounge and be a part of the Harlem Business Renaissance! $180,000 Key Money - Negotiable Rent $4,700 per month 2 Years Left on 10 year lease. Landlord will provide options to renew or provide a new lease. - Immediate Possession. - Multiple Uses - Fully Built out Bar - Finished Basement with private office and two storage rooms - Outdoor Patio Neighbors: The Row, Ponty Bistro, Harlem Nights, Reverence, and Londell's
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Central Air and Heating
- Partitioned Offices
- Kitchen
- Private Restrooms
- Freezer Space
- Wi-Fi Connectivity
- Security System
- Raised Floor
- Secure Storage
- Finished Ceilings: 8’
- Basement
- Hardwood Floors
- Yard
- Display Window
- Smoke Detector
- Built in Sound System, Italian Mosaic Wall Tiles
- Sound proofed
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 2376 Adam Clayton Powell Jr Blvd , New York, NY 10030
| Property Type | Retail | Gross Leasable Area | 3,712 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1910 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,712 SF |
| Year Built | 1910 |
About the Property
Prestigious Strivers' Row Location - Alibi Lounge Business for Sale! Great opportunity to own a bar lounge and be a part of the Harlem Business Renaissance! $180,000 Key Money - Negotiable Rent $4,700 per month 2 Years Left on 10 year lease. Landlord will provide options to renew or provide a new lease. - Immediate Possession. - Multiple Uses Permitted - Fully Equipped Bar - Finished Basement with private office and two storage rooms - Outdoor Patio Neighbors: The Row, Ponty Bistro, Harlem Nights, Reverence, and Londell's Space Highlights Built in Sound System, Italian Mosaic Wall Tiles Sound proofed
- Tenant Controlled HVAC
Nearby Major Retailers
-
Jeannette Lawton -
Elaine Perry -
Perry Associates NYC, Inc.
Presented by
2376 Adam Clayton Powell Jr Blvd
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