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2686 Broadway

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Address: 2686 Broadway, New York, NY 10025, USA

New York & Tri-State + Apartment Buildings

Created date: November 7, 2024

Date last updated: November 7, 2024

Unit Details: Corner asset with 84 feet of frontage on Broadway & Highly trafficked retail corridor
Fresh 15-Year Lease: Lease expiration in 2039
Investment Grade Credit Tenant
Proximity to Transportation: Directly across from 1 train at 103rd Street/Broadway and short distance from 96th Street Station servicing the 1, 2 and 3 train lines & Numerous bus lines operate along Broadway, including the M104, M116 and the M60 SBS
Situated within a 10-minute walk from Columbia University (approximately 35,000 with an additional 10,000 professors)

Property Description

Avison Young, as exclusive agent, is pleased to offer for sale a retail condominium (the “Unit”) located at the base of The Rockwell, a stunning newly built 13-story luxury condominium residential tower on the corner of West 103rd Street and Broadway. The entire unit will be occupied by CVS, an investment grade tenant, with a fresh 15-year lease. Given its “essential retail” nature, the pharmacy sector is highly stable and profitable, offering investors an opportunity to enjoy many years of strong, stable cash flow.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$21,000,000
Lot Size:	38,540.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here