A new listing came to the market on 8/24/2012 at 2915 Frederick Douglass Boulevard. The cross streets are 154th street and 155th street. Asking $895,000, 2915 8th Avenue is comprised of 19 rent stabilized units and offers $50,885 per year in net income. Also, it seems that the boiler is about 13 years old, and there was some roof work going on as early as March 2005. From the department of buildings website we can see that the building is not SRO restricted, and the certificate of occupancy may be out of date showing only 7 units even though the building is built as 19 units. At 25 feet x 84 feet, the building is approximately 9,590 square feet and is classed as “Old Law Tenements (C4).” More information can be found on the BROKER’S SITE.
2915 Eighth Avenue (2915 Frederick Douglass Boulevard)