205 West 230th Street & 5517 Broadway, Bronx NY
205 West 230th Street & 5517 Broadway, Bronx NY DEVELOPMENT SITE ASSEMBLAGE Highly Visible Site w/Frontage on Broadway and West 230th Street FOR SALE
Asking Price: $16,000,000 Building Features
Property Highlights Cushman & Wakefield is pleased to present 5517 Broadway and 205 West 230th Street, an exciting development opportunity located on one of the best corners in the Kingsbridge neighborhood of the North Bronx.
Block / Lots
5700 / 78 & 99
Lot Dimensions
155’ x 114’ & 125’ x 105’ Irregular
This highly visible and easily accessible site is comprised of two contiguous lots totaling over 40,000 square feet. Zoned R6/C2-3 the site offers development rights of over 100,000 square feet and is suitable for a wide array of commercial or residential uses. The site is improved by 1-story commercial buildings and a parking lot. None of the leases extend beyond 3 years.
Lot Size
40,590 combined
Zoning
R6 / C2-3
FAR
3.0 wide street / 2.2 narrow street
Buildable SF Residential
102,219 total
Buildable SF Commercial
81,180 total
Building Size
21,340 combined
Taxes (15/16)
$177,706 combined
The Kingsbridge Broadway corridor has enjoyed tremendous growth recently with the development of the Broadway Plaza and Riverdale Crossing malls. New area tenants include: BJ’s, Buffalo Wild Wings, PetCo, Chipotle, Aldi, Sports Authority, Blink Fitness, and Starbucks. The site has excellent transportation options: it is steps from the 231st Street MTA #1 subway station (3.0M annual riders), several bus lines, a short walk to the Marble Hill Metro North station, and is one block from the 230th St. Major Deegan exit.
*Square footages as per architect’s zoning lot analysis
Call for more info, including massing studies & development renderings.
5517 Broadway
205 West 230th St
Aerial view looking north For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
205 West 230th Street & 5517 Broadway, Bronx NY DEVELOPMENT SITE ASSEMBLAGE Highly Visible Site w/Frontage on Broadway and West 230th Street FOR SALE
*Rendering credit: Greenberg Farrow • Superior visibility on 2 high traffic corners • Over 100,000 SF of development rights • One block from 231st Street #1 MTA subway station: +2.9M riders in 2014 • Close proximity to Manhattan College and several exclusive private schools
• One block off 230th Street Major Deegan exit ramp • 230th St. & Broadway is the gateway to Riverdale • Flexible zoning allows for a variety of retail., commercial, residential or community facility uses
For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
205 West 230th Street & 5517 Broadway, Bronx NY DEVELOPMENT SITE ASSEMBLAGE Highly Visible Site w/Frontage on Broadway and West 230th Street FOR SALE
For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
205 West 230th Street & 5517 Broadway, Bronx NY DEVELOPMENT SITE ASSEMBLAGE Highly Visible Site w/Frontage on Broadway and West 230th Street FOR SALE
205 W 230 & 5517 Broadway
For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
Asking Price: $16,000,000 Building Features
Property Highlights Cushman & Wakefield is pleased to present 5517 Broadway and 205 West 230th Street, an exciting development opportunity located on one of the best corners in the Kingsbridge neighborhood of the North Bronx.
Block / Lots
5700 / 78 & 99
Lot Dimensions
155’ x 114’ & 125’ x 105’ Irregular
This highly visible and easily accessible site is comprised of two contiguous lots totaling over 40,000 square feet. Zoned R6/C2-3 the site offers development rights of over 100,000 square feet and is suitable for a wide array of commercial or residential uses. The site is improved by 1-story commercial buildings and a parking lot. None of the leases extend beyond 3 years.
Lot Size
40,590 combined
Zoning
R6 / C2-3
FAR
3.0 wide street / 2.2 narrow street
Buildable SF Residential
102,219 total
Buildable SF Commercial
81,180 total
Building Size
21,340 combined
Taxes (15/16)
$177,706 combined
The Kingsbridge Broadway corridor has enjoyed tremendous growth recently with the development of the Broadway Plaza and Riverdale Crossing malls. New area tenants include: BJ’s, Buffalo Wild Wings, PetCo, Chipotle, Aldi, Sports Authority, Blink Fitness, and Starbucks. The site has excellent transportation options: it is steps from the 231st Street MTA #1 subway station (3.0M annual riders), several bus lines, a short walk to the Marble Hill Metro North station, and is one block from the 230th St. Major Deegan exit.
*Square footages as per architect’s zoning lot analysis
Call for more info, including massing studies & development renderings.
5517 Broadway
205 West 230th St
Aerial view looking north For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
205 West 230th Street & 5517 Broadway, Bronx NY DEVELOPMENT SITE ASSEMBLAGE Highly Visible Site w/Frontage on Broadway and West 230th Street FOR SALE
*Rendering credit: Greenberg Farrow • Superior visibility on 2 high traffic corners • Over 100,000 SF of development rights • One block from 231st Street #1 MTA subway station: +2.9M riders in 2014 • Close proximity to Manhattan College and several exclusive private schools
• One block off 230th Street Major Deegan exit ramp • 230th St. & Broadway is the gateway to Riverdale • Flexible zoning allows for a variety of retail., commercial, residential or community facility uses
For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
205 West 230th Street & 5517 Broadway, Bronx NY DEVELOPMENT SITE ASSEMBLAGE Highly Visible Site w/Frontage on Broadway and West 230th Street FOR SALE
For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
205 West 230th Street & 5517 Broadway, Bronx NY DEVELOPMENT SITE ASSEMBLAGE Highly Visible Site w/Frontage on Broadway and West 230th Street FOR SALE
205 W 230 & 5517 Broadway
For More Information, Please Contact: Karl Brumback Executive Director (212) 660 7731 [email protected]
Joshua Rubin Associate Director (212) 660 7752 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3rd Floor New York, NY 10016 phone: +1 212 696 2500 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
