Core Retail Value-Add Opportunity with Prime Corner Location and Development Potential
4259 Broadway, New York, NY
$18,500,000
Price
$927,934
NOI
35,910 sqft
Building Size
Overview
Description
Investment Highlights
• Anchor tenant’s unique layout can boast expansive redevelopment as the space is being delivered vacant
• Professionally and well-maintained asset comprising of four separate retail tenants
• Convenient proximity to transportation. The West 181st 1-subway station is located just two blocks east and the A subway station is one block to the west. The George Washington Bridge bus terminal is two blocks south on west 179th street
• Prime retail corner building of scale in the Washington Heights neighborhood of Northern Manhattan
• Neighboring National Tenants include Verizon, Chipotle, Foot Locker, Target, T-Mobile, ChickFil-A, CVS and Starbucks
• C4-4 zoning (4.0 FAR) allows for potential development or renovation opportunity through additional air rights
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