Property Details
- Property Type Retail
- Additional Rent Contact for pricing
- Date Updated Nov 4, 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
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100/100
Walk Score ®
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100/100
Transit Score ®
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84/100
Bike Score ®
Location
- City New York, NY
- Neighborhood Upper West Side
- Zip Code 10025
- Market Manhattan
Points of Interest
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Broadway & 86th St
0.21 miles
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Carmel Car & Limo
0.52 miles
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81st Street–Museum of Natural History
0.68 miles
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New App Car & Limo
0.74 miles
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72nd Street
0.91 miles
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Special Radio Dispatch
1.00 miles
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St Nicholas Ave & Central Park North At Nw Corner
1.29 miles
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East 86th Street & Lexington Avenue at Northwest Corner
1.30 miles
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East 86th Street & Lexington Avenue at Southwest Corner
1.31 miles
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East 96th Street & Lexington Avenue at Southwest Corner
1.32 miles
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FLO
0.34 miles
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ChargePoint
0.40 miles
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Tesla Supercharger
0.77 miles
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Shell
1.44 miles
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Mobil
1.83 miles
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plugNYC
1.96 miles
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BP
2.24 miles
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Champion Parking
0.77 miles
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Metropolitan Museum
1.11 miles
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Loeb Boathouse Parking Lot
1.14 miles
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Mount Sinai
1.25 miles
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Quik Park
1.31 miles
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101 West End Parking
1.32 miles
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Lincoln Center Park and Lock Garage
1.39 miles
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MPG
1.40 miles
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60 Riverside Blvd
1.42 miles
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Alfred Car Park, LLC
1.46 miles
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City Diner
0.03 miles
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Ollie's To Go
0.05 miles
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Carmine's
0.07 miles
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Dagon
0.08 miles
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Sweetgreen
0.09 miles
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Cibo e Vino
0.09 miles
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Dunkin'
0.09 miles
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Little Italy Pizza
0.11 miles
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Village Square Pizza
0.11 miles
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Mimi's Pizza
0.12 miles
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Barzini's
0.05 miles
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Uptown Whole Foods
0.06 miles
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Key Food
0.09 miles
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Seasons
0.18 miles
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Broadway Farm
0.25 miles
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Trader Joe's
0.32 miles
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D'Agostino
0.32 miles
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Westside Market
0.38 miles
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TJ Maxx
0.54 miles
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Burlington
0.55 miles
In-Depth Research Available for this Property
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