3595-3599 Broadway - Apartments CONDO FOR SALE


New York, NY 10031
$1,800,000 USD
212-235-2764
3595-3599 Broadway, New York, NY for Sale
$1,800,000 USD
Apartments CONDO - FOR SALE
1/5
null | Request Cap Rate

3595-3599 Broadway
New York, NY 10031


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$501 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

63,645 SF

STORIES

12

BUILDING CLASS

A

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C1-4

APN/PARCEL ID

2094-0029,2094-0037,2094-1204,2094-7503

ASK ABOUT THIS PROPERTY

Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

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Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.