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2260-2268 Broadway
New York, NY 10024 Upper West Side

Price Upon Request

General Retail Condo For Sale  •  8,313 SF

Property Details

  • Property Type General Retail
  • Total Building Size 8,313 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 1912
  • Tenancy Multiple
  • Zoning C4-6A
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit COMM Retail 8,313 SF Price Upon Request
  • Unit Size: 8,313 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
Sale Notes
CBRE is pleased to offer for sale the 100% fee simple interest in 2260-2268 Broadway (the “Property”), four fully leased retail condominium units at the base of 219 West 81st Street, a 12-story prewar building on the northeast corner of Broadway and West 81st Street on the Upper West Side. The Property comprises approximately 7,954 square feet of ground-floor retail with ~103 feet of frontage on Broadway, along with approximately 359 square feet of mezzanine and 3,501 square feet of below-grade space per the condominium declaration.

The Property is leased to three tenants: Bank of America, Cedra Pharmacy, and Dunkin’. The rent roll carries a weighted average remaining lease term of approximately 8.6 years, with no expirations before 2031.

Bank of America, N.A. carries credit ratings of Aa2 (Moody’s), A+ (S&P), and AA (Fitch), providing investment-grade income across the majority of the Property’s ground floor. The balance of the tenancy - a national quick-service brand with more than 14,000 locations and an established specialty pharmacy - consists of service-oriented, internet-resistant uses that draw consistent daily traffic.

The Property occupies one of the strongest retail corners in the West 80s, a stretch of Broadway supported by dense, high-income residential demand and steps from the 79th Street 1 train. The offering presents investors with long-term, credit-backed cash flow and an irreplaceable corner location in one of Manhattan’s most established neighborhoods.

Highlights

Investment-Grade Credit
8.6 Years of Weighted Average Lease Term
Grandfathered Bank Frontage
Contractual Rent Growth

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.8 mi
New York Penn Station (NJT) (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 8 min - 2.9 mi
Transit/SubwayDriveWalkDistance
79 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 2 min 0.1 mi
86 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
81 Street-Museum of Natural History (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 2 min 9 min 0.5 mi
72 Street (1,2,3 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
86 Street (A,B,C Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 20 min - 8.9 mi
Newark Liberty International 24 min - 15.7 mi
John F Kennedy International 32 min - 18.7 mi
Robert Shapiro 212-660-7717 Cushman & Wakefield
Robert Shapiro 212-660-7717 Cushman & Wakefield