Eastern Consolidated selected to market Central Harlem mixed-use building at 2866 Frederick Douglass Boulevard
Eastern Consolidated has been selected as the exclusive agent to sell a six-story, mixed-use corner building at 2866 Frederick Douglass Boulevard, aka 270 West 153rd Street, in Central Harlem.
Eastern brokers Jonathan Schwartz, associate director, Gabriel Saffioti, director, and Nicole Rabinowitsch, director, are marketing the property. Chris Matousek, director, is the analyst for the project.
The 17,750 s/f walk-up apartment building features two occupied and two vacant retail spaces on the ground floor, and 25 apartments, of which more than half are free market. The building benefits from over 37 feet of frontage on Frederick Douglass Boulevard and an additional 100 feet of frontage along West 153rd Street.
"This mixed-use building offers tremendous upside from both its residential and retail spaces," Schwartz said. "It's ideally located near the subways at the 145th, 148th, and 155th Street stations as well as national retailers such as Starbucks and Pathmark on the 145th Street retail corridor."
Midtown Manhattan is a short commute away on the A, B, C, D, and 3 trains, and the M10 bus line, which runs along Frederick Douglass Boulevard and Central Park West to Columbus Circle.
Manhattan, NY Highcap Group negotiated the off-market sale of the building home to Faicco’s Italian Specialties, located at 260 Bleecker St. Rodney Nassimian, director of investment sales, handled the transaction
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