5610-5614 Broadway
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5610-5614 Broadway
2 Retail Properties Offered at $1,950,000 in Bronx, NY
Executive Summary
JLL has been retained on an exclusive basis to arrange for the sale of
5610-5614 Broadway (the property), two contiguous mixed-use buildings
located on one of the busiest retail corridors in the bustling Kingsbridge
neighborhood of the northwest Bronx.
The property occupies 60’ of frontage on Broadway between 231st & 233rd
Streets and is improved by two, mixed-use frame buildings located a halfblock away from the MTA #1 West 231st Street Station. This offering consists
of the largest retail frontage along Broadway that is for sale at the moment.
5610 Broadway is a two-story commercial building: the ground floor retail is
leased to the Janovic Express Paint Company and the second floor to Easy
Tax, a tax preparation service. 5614 Broadway is a three-story building:
Janovic occupies the ground-floor of this building as well, floors two and
three contain two, free market three-bedroom apartments and the rear yard
and basement are on short term leases, both buildings have full basements
with high ceilings. Annual gross income for the offering is $245,640.
The Kingsbridge retail market is one on the Bronx’s best featuring high
household income, a growing, young population, Manhattan College and
many of NYC’s finest private schools.
5610-5614 Broadway provides investors the opportunity to acquire a
superbly located asset with high traffic and stable cash-flow. Please call
exclusive agents for more information
5610-5614 Broadway (the property), two contiguous mixed-use buildings
located on one of the busiest retail corridors in the bustling Kingsbridge
neighborhood of the northwest Bronx.
The property occupies 60’ of frontage on Broadway between 231st & 233rd
Streets and is improved by two, mixed-use frame buildings located a halfblock away from the MTA #1 West 231st Street Station. This offering consists
of the largest retail frontage along Broadway that is for sale at the moment.
5610 Broadway is a two-story commercial building: the ground floor retail is
leased to the Janovic Express Paint Company and the second floor to Easy
Tax, a tax preparation service. 5614 Broadway is a three-story building:
Janovic occupies the ground-floor of this building as well, floors two and
three contain two, free market three-bedroom apartments and the rear yard
and basement are on short term leases, both buildings have full basements
with high ceilings. Annual gross income for the offering is $245,640.
The Kingsbridge retail market is one on the Bronx’s best featuring high
household income, a growing, young population, Manhattan College and
many of NYC’s finest private schools.
5610-5614 Broadway provides investors the opportunity to acquire a
superbly located asset with high traffic and stable cash-flow. Please call
exclusive agents for more information
Property Facts
| Price | $1,950,000 | Number of Properties | 2 |
| Price / SF | $425.21 / SF | Individually For Sale | 0 |
| Cap Rate | 10.23% | Total Building Size | 4,586 SF |
| Sale Type | Investment | Total Land Area | 0.08 AC |
| Status | Active |
| Price | $1,950,000 |
| Price / SF | $425.21 / SF |
| Cap Rate | 10.23% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,586 SF |
| Total Land Area | 0.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5610 Broadway, Bronx, NY 10463 | Retail | 1,360 SF | - | - |
| 5614 Broadway, Bronx, NY 10463 | Retail | 3,226 SF | 1910 | - |
1 of 1
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Giancarlo Cugini -
Karl Brumback -
JLL
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5610-5614 Broadway
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