CBRE, as an exclusive agent, is pleased to offer for sale 242 Dyckman Street (“the Property”), a prime investment opportunity located in Inwood, one of Manhattan’s most rapidly expanding neighborhoods. Located on the southwest corner of Seaman Avenue and Dyckman Street, the strategically poised property benefits from its adjacency to a major highway ramp as well as the 200’ of wraparound frontage along Dyckman Street, a highly foot-trafficked corridor. The Property features a long standing tenancy with Getty that dates back to 1971 and currently operated by BP, a Fortune 500 energy giant. It encompasses a fully operational gas station with six fuel dispensers, an auto repair workshop with four garage bays, and a single-story convenience store. Currently, the property is leased at a rate substantially below market value with a lease expiration date in January, 2027. Beyond its immediate income potential, 242 Dyckman Street offers significant development upside. The property benefits from its C8-3 and R7-2 zoning providing a compelling opportunity to capitalize on the growing demand for residential, commercial, or community facility space in this thriving neighborhood. With as-of-right development potential of approximately 29,484 BSF for residential use, or up to 76,050 BSF for community facility space, the site offers significant flexibility for future projects, making it an attractive prospect for developers. 242 Dyckman Street enjoys unparalleled visibility and accessibility. Its proximity to numerous restaurants, shops, and the subway entrance just 250 feet away (a mere one-minute walk) ensures a constant flow of pedestrian and vehicular traffic. This prime location makes it an attractive destination for both current and future tenants, solidifying its long-term investment value. This offer represents a rare chance to acquire a well-established, income-generating asset with development potential in a highly desirable location.