Four-Unit Corner Strip
New
For Sale
$13,900,000
4748 Broadway, New York, NY 10040
Fully occupied retail property with McDonald’s and Bank of America as anchor tenants.
Property Size9,975 SF
Price / SF$1,393
Days on Market1
Property Features for 4748 Broadway
General Information
Standard status
Active
Size
9,975 SF
Property subtype
Shopping Strip
Zoning
C4-4
Occupancy
100%
Financials
Asking Price
$13,900,000
Cap Rate
5.75%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
McDonald's, Bank of America
Amenities
Prime corner location featuring McDonald's and Bank of America
An entrance to the A train is steps away from the property and the 1 train is nearby
Hard corner of Broadway and Dyckman Street with 95 feet of Broadway frontage and 94 feet on Dyckman
This location houses the only McDonald's and Bank of America in the surrounding Zip Code
Building Details
Building Size
9,975 SF
Year Built
1925
Buildings
1
Tenancy
Multi
Listed By:
Michael Kook · License #License(s): NY: 10301216047, NY: 10491208242
(212) 430-5169
Source:
Marcusmillichap
Added: Sep 19
Last Checked: Sep 19 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Kook
Investment Insights
Based on property information with market context.
Built in 1925, this 9,975-square-foot retail building contains four occupied units, including McDonald’s and Bank of America. Both anchor tenants operate under corporate leases, providing established occupancy within the property’s retail configuration. Bank of America has two five-year renewal options with 12.0% increases, extending its lease term to 2039 if exercised. An ICAP abatement remains in place through 2034.
The property occupies the intersection of Broadway and Dyckman Street in Inwood, Upper Manhattan, at 4748–4754 Broadway. A subway entrance is located at the property, and the site includes unused air rights on a C4-4 lot. The building’s corner setting, four-unit layout, and existing anchor tenancy support its role as an established urban retail asset.
The property occupies the intersection of Broadway and Dyckman Street in Inwood, Upper Manhattan, at 4748–4754 Broadway. A subway entrance is located at the property, and the site includes unused air rights on a C4-4 lot. The building’s corner setting, four-unit layout, and existing anchor tenancy support its role as an established urban retail asset.
Key Highlights
- 9,975‑square‑foot retail building with four fully occupied units
- Anchored by McDonald’s and Bank of America
- Corporate leases account for the anchor tenancy
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,698
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 10%
Home Improvements & Furnishings 3%
BP
Shops & Services
14,612 visits/mo
0.1 miles
BP
Shops & Services
5,624 visits/mo
0.4 miles
Manhattan Mini Storage
Shops & Services
2,963 visits/mo
0.3 miles
Wingstop
Dining
2,598 visits/mo
0.2 miles
Rent A Center
Home Improvements & Furnishings
736 visits/mo
0.5 miles
Demographics for 10040, NY
40,405
Population
17,020
Households
2.4
Avg Household Size
39
Median Age
38%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
67,342
Density / Sq Mi
$64,022
Median Household Income
$41,849
Median Earnings
$1,680
Median Rent
$465,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied retail property with McDonald’s and Bank of America as anchor tenants.
Where is this strip mall located?
The property is located at 4748 Broadway New York, NY.
What is the asking price?
The asking price for this property is $13,900,000.
What are key features of this property?
This property features: 9,975‑square‑foot retail building with four fully occupied units; Anchored by McDonald’s and Bank of America; Corporate leases account for the anchor tenancy
