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5589-5591 Broadway
700 - 3,000 SF of Retail Space Available in Bronx, NY 10463
Highlights
- Great for dance studio, karate, yoga, nails, personal care, education, etc.
- 10k cars/day pass on Broadway.
- Steps from #1 subway station.
- Riverdale demographics.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 900 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 700 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 1,400 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
Basement
Basement space as a part of a whole building offering. Whole building must be leased together.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 3,000 SF of adjacent space
1st Floor
Street level retail at the W231st #1 Train station. Whole building must be leased together.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 3,000 SF of adjacent space
2nd Floor
Double size open second floor space with separate office. Whole building must be leased together.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,000 SF of adjacent space
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 5589-5591 Broadway , Bronx, NY 10463
| Property Type | Retail | Year Built | 1931 |
| Gross Leasable Area | 3,100 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,100 SF |
| Year Built | 1931 |
About the Property
3,000sf on three levels at 231st #1 Subway Station, Riverdale demographics. Enter on street level with approximately 700sf, upstairs has 1,400sf and 900sf in full clearance basement, all leased together. Great for dance studio, karate, yoga, nails, personal care, education, etc. 10,000 cars per day pass on Broadway with heavy foot traffic in vibrant shopping district at neighborhood stairway and subway station. Zoned C1-3 - NYC Use Groups 3 thru 6.
Nearby Major Retailers
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Daniel Hickey -
Houlihan Lawrence Commercial
Presented by
5589-5591 Broadway
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