Property Details

Property Type Retail
Additional Rent Contact for pricing
Date Updated Dec 20, 2024

The Anton Group at Marcus & Millichap, as the exclusive agent to ownership, is pleased to offer for sale the Retail Master Lease at 2460 Broadway, New York, NY 10025. This master lease expires on April 30, 2085, and comprises three retail units and a basement studio space, offering a total of 11,150 rentable square feet. Two of the retail units are leased to prominent national retailers: Joe & the Juice, and Sweetgreen.

This property occupies the dominant Northeast corner of West 91st Street, facing oncoming vehicular traffic. Capitalizing on the favorable demographics, foot traffic, and spending power of the Upper West Side, these retail spaces offer steadily growing income for the opportunistic investor.

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Highlights

Upcoming Base Year Rent - The Master Lease provides that the lessee bears responsibility for increases in real estate taxes, heating costs, supervisory sprinkler and alarm services, as well as the superintendents salary over the base year. The base year resets every ten calendar years, with the next reset scheduled for January 1, 2025.
Tenants - New ownership will enjoy a stable cash flow from the brand-new lease to QQ Nails, along with the long-term leases to Joe & The Juice and Sweetgreen. All three spaces boast extraordinarily large storefronts that offer excellent exposure to the affluent customer base of the neighborhood.
Residential - With over 200,000 people living in an area of just 1.9 square miles, this neighborhood has one the highest residential densities in the country. The median household annual income is roughly $121,000, well above other neighborhoods in Manhattan. These figures take on greater significance for income generation from 2640 Broadway when one factors in the popularity of the work-from-home lifestyle in the neighborhood.

Getting around

100/100
Walk Score ®
100/100
Transit Score ®
84/100
Bike Score ®

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Location

City New York, NY
Neighborhood Upper West Side
Zip Code 10025
Market Manhattan

Points of Interest

Broadway & 86th St

0.21 miles
Carmel Car & Limo

0.52 miles
81st Street–Museum of Natural History

0.68 miles
New App Car & Limo

0.74 miles
72nd Street

0.91 miles
Special Radio Dispatch

1.00 miles
St Nicholas Ave & Central Park North At Nw Corner

1.29 miles
East 86th Street & Lexington Avenue at Northwest Corner

1.30 miles
East 86th Street & Lexington Avenue at Southwest Corner

1.31 miles
East 96th Street & Lexington Avenue at Southwest Corner

1.32 miles

FLO

0.34 miles
ChargePoint

0.40 miles
Tesla Supercharger

0.77 miles
Shell

1.44 miles
Mobil

1.83 miles
plugNYC

1.96 miles
BP

2.24 miles

Champion Parking

0.77 miles
Metropolitan Museum

1.11 miles
Loeb Boathouse Parking Lot

1.14 miles
Mount Sinai

1.25 miles
Quik Park

1.31 miles
101 West End Parking

1.32 miles
Lincoln Center Park and Lock Garage

1.39 miles
MPG

1.40 miles
60 Riverside Blvd

1.42 miles
Alfred Car Park, LLC

1.46 miles

City Diner

0.03 miles
Ollie's To Go

0.05 miles
Carmine's

0.07 miles
Dagon

0.08 miles
Sweetgreen

0.09 miles
Cibo e Vino

0.09 miles
Dunkin'

0.09 miles
Little Italy Pizza

0.11 miles
Village Square Pizza

0.11 miles
Mimi's Pizza

0.12 miles

Barzini's

0.05 miles
Uptown Whole Foods

0.06 miles
Key Food

0.09 miles
Seasons

0.18 miles
Broadway Farm

0.25 miles
Trader Joe's

0.32 miles
D'Agostino

0.32 miles
Westside Market

0.38 miles
TJ Maxx

0.54 miles
Burlington

0.55 miles

In-Depth Research Available for this Property

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