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INVESTMENT HIGHLIGHTS
- Premier Washington Heights retail corner with exceptional wraparound visibility at Broadway and West 181st Street
- Freestanding retail asset offering strong repositioning potential supported by flexible zoning and substantial available air rights
- Reliable income stream with established tenancy plus meaningful upside through lease-up of multiple vacant spaces
- High-traffic corridor benefiting from immediate access to the 181st Street subway station and the George Washington Bridge
- Surrounded by major neighborhood anchors including New York-Presbyterian Hospital, Columbia University, and Yeshiva University
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to announce it has been retained on an exclusive basis to arrange for the sale of 4259 Broadway located in Northern Manhattan’s Washington Heights neighborhood.
4259 Broadway is a three-story retail building with approximately 35,900 square feet of space on a 10,350 square foot lot located on the corner of Broadway and West 181st Street. The property offers ~227 feet of combined wraparound retail frontage, providing exceptional visibility and retail potential across one of Northern Manhattan’s strong commercial corridors.
The property benefits from exceptional transportation access, located steps from the 181st Street station serviced by the A and 1 subway lines. 4259 Broadway is also located just off the George Washington Bridge, ideally situated on Manhattan between New Jersey and the Bronx, the property provides an ease of accessibility to some of the most populous areas in the country.
Overall, 4259 Broadway is a well-located commercial asset with strong visibility, transit access,
and zoning that supports both retail operations and possible long-term repositioning.
4259 Broadway is a three-story retail building with approximately 35,900 square feet of space on a 10,350 square foot lot located on the corner of Broadway and West 181st Street. The property offers ~227 feet of combined wraparound retail frontage, providing exceptional visibility and retail potential across one of Northern Manhattan’s strong commercial corridors.
The property benefits from exceptional transportation access, located steps from the 181st Street station serviced by the A and 1 subway lines. 4259 Broadway is also located just off the George Washington Bridge, ideally situated on Manhattan between New Jersey and the Bronx, the property provides an ease of accessibility to some of the most populous areas in the country.
Overall, 4259 Broadway is a well-located commercial asset with strong visibility, transit access,
and zoning that supports both retail operations and possible long-term repositioning.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
29,000 SF
Building Class
C
Year Built
1940
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.80
Lot Size
0.24 AC
Zoning
C4-4 - Regional commercial center located outside of the central business districts
Frontage
116’ on West 181st Street
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
McDonald's est le premier détaillant mondial de services alimentaires avec plus de 37 000 établissements répartis dans plus de 100 pays. Plus de 90 % des restaurants McDonald's dans le monde sont détenus et exploités par des hommes et des femmes d'affaires locaux indépendants. Les franchisés McDonald's et McDonald's emploient 1,9 million de personnes dans le monde. McDonald's sert au monde entier certains de ses plats préférés - Frites de renommée mondiale, Big Mac, Quarter Pounder, Chicken McNuggets et Egg McMuffin.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2176-0133 | Improvements Assessment | $3,079,417 CAD |
| Land Assessment | $676,154 CAD | Total Assessment | $3,755,572 CAD |
PROPERTY TAXES
Parcel Number
2176-0133
Land Assessment
$676,154 CAD
Improvements Assessment
$3,079,417 CAD
Total Assessment
$3,755,572 CAD
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4259 Broadway
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