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3595-3599 Broadway 3,591 SF Retail Condo Unit Offered at $2,512,656 CAD in New York, NY 10031
INVESTMENT HIGHLIGHTS
- Positioned at Broadway and West 148th Street in Hamilton Heights, offering excellent visibility and foot traffic in a vibrant Upper Manhattan.
- Zoned C1-4, a commercial district predominantly residential in character, offering flexibility for future use or redevelopment.
- Part of Columbia University’s Manhattanville expansion project, contributing to long-term neighborhood growth and value appreciation.
- Tenant pays additional $2,700/month for taxes, ensuring predictable income and minimal landlord responsibilities.
- Steps from Riverbank State Park, City College, and multiple subway lines (1, A, B, C, D), with a Walk Score of 98 and Transit Score of 100.
EXECUTIVE SUMMARY
595-3599 Broadway is a 12-story mixed-use building which is part of a community redevelopment project spearheaded by Columbia University. This commitment to redevelopment aims to provide affordable housing for residents living in the area of Manhattanville in West Harlem, where Columbia has built a campus extension. MAP Architects was the designer and applicant of record for the building. Working with MAP, Marin Architects acted as the expediter for the NYC Department of Buildings, DEP, Fire Department, and DOT for filing, approval, construction permits, and sign-off. Extensive coordination was required between Marin and MAP for this $35 million project. In addition to our role as expediter, Marin Architects also was the designer of the three-story Meeting of God church which relocated from the adjacent building. The design of the Meeting of God church utilizes lighting and finishes to create a brightly lit, inspiring space that is housed within the atypical interior location. This unique building includes a Housing Preservation and Development program for 24 apartment units, as well as the church which occupies a 7,000 sq. ft. space in the basement, first and second floors of the building. Additionally a 1,500 sq. ft. retail space is included as part of the ground floor programming.
PROPERTY FACTS
| Total Building Size | 63,645 SF | Floors | 12 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,591 SF |
| Property Subtype | Apartment | Year Built | 2015 |
| Building Class | A | Lot Size | 0.21 AC |
| Zoning | C1-4 - Commercial district predominantly residential in character | ||
| Total Building Size | 63,645 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 12 |
| Typical Floor Size | 3,591 SF |
| Year Built | 2015 |
| Lot Size | 0.21 AC |
| Zoning | C1-4 - Commercial district predominantly residential in character |
1 UNIT AVAILABLE
Unit Retail
| Unit Size | 3,591 SF | Condo Use | Retail |
| Price | $2,512,656 CAD | Sale Type | Investment |
| Price Per SF | $699.71 CAD |
| Unit Size | 3,591 SF |
| Price | $2,512,656 CAD |
| Price Per SF | $699.71 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
SALE NOTES
SP Capital Group is pleased to exclusively represent the sale of 3599 Broadway, a 3,591 SF Retail Condo in Harlem, New York.
This prime corner retail unit is fully leased to Jin Ramen, a popular restaurant, and is located at the bustling intersection of Broadway and West 148th Street. The lease extends through May 2034 with a 5-year option, and the tenant is committed under a NN lease structure, paying an additional $2,700 per month for taxes. With scheduled 2% annual rent increases, this asset offers a stable and predictable cash flow.
The property’s location in the heart of Harlem places it within close proximity to numerous restaurants, shops, markets, schools, Riverbank State Park, Riverside Drive, and the 1 subway line, offering both excellent foot traffic and convenient access to major transportation routes.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 43 | - | - |
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3595-3599 Broadway
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