5731 BROADWAY BRONX, NY 10463 Kingsbridge Development Site
FOR SALE
125’ of Broadway frontage steps from subway!
OFFERING DESCRIPTION
SITE FEATURES
Cushman & Wakefield is pleased to present 5731 Broadway, an outstanding mixed-use development site located in the Kingsbridge/Riverdale neighborhood and the heart of the rapidly developing Broadway commercial corridor. The site offers 125’ of high visiblity frontage, with a flexible zoning allowing for a combination of commercial, residential, or community facility use. The site is vacant and demolition has commenced. The property is located diagonally across the street from the new Riverdale Crossing mall, a 162,000 SF retail center anchored by a BJ’s Wholesale Club, and directly across from the former Loehman’s site, which will be developed into a mixed retail/storage facility with 20,000+ SF of retail and parking. The property is steps south of the MTA #1 subway line and a short walk to Manhattan College and Van Cortalndt Park. Kingsbridge is a hot neighborhood and retail rents and residential rents are rising rapidly. Please call for info.
ASKING PRICE
BLOCK / LOT
5760 / 161 (formerly 167, 165, 161, merged to “161”)
LOT DIMENSIONS
125’ x 160’-180’ irreg.
LOT SF
21,148 (approx.)
ZONING
R6 / C2-3
FAR
BUILDABLE SF
$9,500,000
COMMERCIAL
2.0
AOR WIDE STREET
3.0
COMMUNITY FACILITY
4.8
COMMERCIAL
42,296
AOR WIDE STREET
63,444
COMMUNITY FACILITY
101,510
FOR MORE INFORMATION, PLEASE CONTACT: Karl Brumback Executive Director (212) 660 7731
[email protected] Joshua Rubin Associate Director (212) 660 7752
[email protected] Sam Hamlin Associate (212) 660 7719
[email protected] CUSHMAN & WAKEFIELD 275 Madison Avenue, 3rd Floor New York, NY 10016 nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client.