Listed by Ariel Property Advisors
$7,950,000
Broadway Crossing
Details
Property Type Retail, Office
Sub Type Commercial
Net Rentable (SqFt) 165,000
Units 20
Cap Rate 13.95%
Lease Term 12
Price per SqFt $48
Stories 5
Lot Size (SqFt) 14,500 - 41,725
Retail/Office Building | 13.95% CAP
Marketing description
LEASEHOLD INTEREST FOR SALE
Investment 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
Listing Contacts
Listed by Ariel Property Advisors
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Zoning
M1-1 IndustrialLight IndustrialLight Manufacturing High Performance
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View all 255 uses Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics
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