165,000 Net Rentable SF in Prime Marble Hill | Prime Corner Retail/Office Building with Parking
$7,950,000
5500 Broadway, New York, NY 10463
For Sale
Retail
Unknown Sub Type
Active
Last Updated: 07/24/2025
13.95
Cap Rate
1,109,041
NOI
Details:
Cap Rate: 13.95%
NOI: $1,109,041
Building Size: 164,275 sqft
Lot Area: 56,225 sqft
Price Per Sqft: $48
Zoning: M1-1
Highlights:
- Prime 160k+ SF retail corner building of scale in the Marble Hill neighborhood of the Bronx
- 20 unit retail/office strip with over 235’ of frontage on Broadway & 230th Street
- Current Weighted Average Lease Term of 12 Years
- Leasehold for sale with an additional 93 years remaining on the lease (including extension options)
- Neighboring National Tenants include Foot Locker, Target, Chick-Fil-A, Walgreens and Starbucks
- High quality & long term tenancy including multiple city agencies, medical tenants & non-profits
- Convenient proximity to transportation. The 231 Street 1-subway station is located just two blocks east and the Marble Hill Metro North station is a few blocks to the south. The George Washington Bridge bus terminal is two blocks south on West 179th Street
Documents:
| Title | ||
|---|---|---|
| Listing Setup |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
