2250 Adam Clayton Powell Jr Boulevard
Harlem, Manhattan
Parcel ID (BBL): 1019380032
Owner: Urban Resource Institute
Acquired: October 31, 2023, $11.4 million
Debt: February 08, 2024, $32.1 million
Built: 1910
Renovated: 2008
SF: 11,962
Dwelling units: 35
No. of buildings: 1
Class: Homes for Indigent Children, Aged, Homeless (N2)
Floors: 7
Transactions:
• Urban Resource Institute borrowed $32.1 million from UMB Bank for 2250 Adam C Powell Blvd and 2332 Adam C Powell Blvd, Harlem, Manhattan on February 08, 2024.
• Urban Resource Institute borrowed $26.4 million from KeyBank for 2250 Adam C Powell Blvd and 2332 Adam C Powell Blvd, Harlem, Manhattan on November 02, 2023.
• Migdol Organization sold 2250 Adam C Powell Blvd, Harlem, Manhattan for $11.4 million to Urban Resource Institute on October 31, 2023.
• Migdol Organization borrowed $9 million from TD Bank for 2250 Adam C Powell Blvd and 2332 Adam C Powell Blvd, Central Harlem, Manhattan on July 13, 2021.
Development:
• Gerald Migdol filed plans for major alteration for 11,935 sqft in Harlem, Manhattan, on September 07, 2007.
• Gerald Migdol filed plans for alteration in Harlem, Manhattan, on July 20, 2010.
• Gregory Matthews filed plans for A3 in Harlem, Manhattan, on June 11, 2008.
• Gerald Migdol filed plans for alteration in Harlem, Manhattan, on January 18, 2012.
• Gerald Migdol filed plans for major alteration in Harlem, Manhattan, on March 02, 2007.
Violations:
According to city public data, the properties have received $2,500 in ECB penalties and $3,075 in OATH penalties in the last year.