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5500 Broadway Bronx, NY 10463

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For Sale
$7,950,000

160k+ SF retail corner building in Marble Hill neighborhood.

Property size:
165,000 SF
Lot size:
0.34 Acres

Property Features for 5500 Broadway

General Information

Size
165,000 SF
Lot size
0.34 Acres

Source: Ariel Property Advisors Agent Victor Sozio

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bronx Retail/Office Strip For Sale

This is a 160,000+ square foot retail corner building located in the Marble Hill neighborhood of the Bronx. The property features a 20-unit retail/office strip with over 235 feet of frontage on Broadway and 230th Street. The current weighted average lease term is 12 years. The leasehold is 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. The property has high-quality and long-term tenancy, including multiple city agencies, medical tenants, and non-profits. Transportation is conveniently located nearby. 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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

IRA A TEPLER Gastroenterologist Lauren Atwell-Oglesby Dentist JEREMY M GUTWEIN Gastroenterologist AARON Z TOKAYER Gastroenterologist DANIEL S REICH Gastroenterologist

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.90589
Latitude
40.876613

FAQs

What type of property is this?
Strip mall - 160k+ SF retail corner building in Marble Hill neighborhood.
Where is this strip mall located?
The property is located at 5500 Broadway Bronx, NY.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: - Prime 160k+ SF retail corner building in Marble Hill, Bronx.; - 20-unit retail/office strip with over 235’ of frontage on Broadway & 230th Street.; - Current Weighted Average Lease Term of 12 Years.
More about this property
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