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.