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4311 Broadway
2,722 SF of Retail Space Available in New York, NY 10033
Highlights
- Corner one-story retail building in Washington Heights, Manhattan,
- There is an outdoor space in the back of the property consisting of approx. 750 sq.ft.
- The property will be delivered vacant.
- The property underwent significant renovations and is currently a beautiful brand-new Supermarket with a built-out kitchen & ventilation.
- There is a basement with an office.
- Property is located near 181 st St [A] Subway Station.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,722 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Asset CRG Advisors has been exclusively retailed to facilitate the sale of 4311 Broadway, New York, NY 10033. Subject property is a prime corner one-story retail building consisting of 2,722 square feet located in Washington Heights, Manhattan. The property is currently owner-occupied and will be delivered vacant. The property underwent significant renovations and is currently a beautiful brand-new Supermarket with a built out kitchen & ventilation; Additionally, there is a basement with a built- out office. There is an outdoor space in the back of the property consisting of approx. 750 sq.ft. It was previously used as four car parking space. Additionally, there are 4,240 square feet of unused FAR.
- Fully Built-Out as a Convenience Store
- Highly Desirable End Cap Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4311 Broadway , New York, NY 10033
Property Type | Retail | Year Built/Renovated | 1956/1960 |
Property Subtype | Supermarket | Parking Ratio | 1.15/1,000 SF |
Gross Leasable Area | 2,722 SF |
Property Type | Retail |
Property Subtype | Supermarket |
Gross Leasable Area | 2,722 SF |
Year Built/Renovated | 1956/1960 |
Parking Ratio | 1.15/1,000 SF |
About the Property
One-story retail building consisting of 2,722 square feet. The building located on a corner in Washington Heights, Manhattan and is available for lease. The property underwent significant renovations and is currently a beautiful brand new Supermarket with ventilation; There is an outdoor space in the back of the property consisting of approx. 750 sq.ft. It was previously used as four car parking space. Additionally, there is a basement with an office. The property will be delivered vacant.
- Bus Line
- Corner Lot
- Metro/Subway
Nearby Major Retailers
Presented by
4311 Broadway
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