4748-4754 Broadway - Storefront FOR SALE


New York, NY 10040- Fort George
$16,000,000 USD
551-244-6369
4748-4754 Broadway, New York, NY for Sale
$16,000,000 USD
Storefront - FOR SALE
1/10
null | 5% Cap Rate

4748-4754 Broadway
New York, NY 10040
Fort George


OVERVIEW

This is a fully occupied retail property with excellent development potential. C4-4 is a high commercial zone, which would allow for a multistory gym.The as of right R7 is an excellent zone for residential development. This property has been in my family for 40 years, from the days when Sol Goldman purchased a retail property across the street. My family owns 35 similar retail properties in the Bronx and Manhattan, and I would be happy to discuss a sale with you. Zoning Zoning districts C4-4 / R7-2 equiv. Residential FAR 4 Commercial FAR 3.4 Facility FAR 6.5 Current FAR 1.00 Max buildable area 39,900 sqft Current built area 9,975 sqft Buildable area 29,925 sqft

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$1,604 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C4-4

APN/PARCEL ID

2175-0049

ASK ABOUT THIS PROPERTY

Jonathan SopherSopher Real EstateMore Info
551-244-6369

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Jonathan SopherSopher Real EstateMore Info
551-244-6369

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