3600-3621 Broadway

Ariel Property Advisors is pleased to present 3600-3610 & 3621 Broadway. The portfolio presents a rare opportunity to acquire a package of 4 mixed-use buildings comprised of 101 units, located in the heart of Hamilton Heights section of Harlem. Spanning across 115,514 combined gross square feet, the portfolio contains 82 residential units and 19 retail units. The residential component is comprised of 2 five bedrooms, 33 four-bedroom, 35 three-bedroom, 9 two-bedroom, 2 one- bedroom apartments, and 1 Super’s apartment. * 3600-3610 Broadway is an assemblage of 5-story walk-up buildings located on the northeast corner of 148th Street and Broadway. The assemblage contains 36 residential units and 11 ground-floor retail units that have a combined 125’ of frontage. * 3621-3629 Broadway is a prime corner 6-story elevator building located on the northwest corner of 149th Street and Broadway. The building contains 46 residential units and 8 commercial units with a combined 100’ of frontage. With a total combined 225’ of retail frontage along Broadway, investors can reposition the retail space and maximize its full potential along one of the busiest thoroughfares in Northern Manhattan. Additionally, spacious residential units allow for investors to increase bedroom counts or reconfigure unit layouts. The portfolio is currently operating below market rents, providing investors the ability to capitalize on a strengthening retail and residential rental market in Hamilton Heights. Situated along the bustling Broadway thoroughfare, the buildings are located within walking distance to several institutions, eateries, and attractions such as City College of New York, Riverbank State Park, Hamilton Grange National Memorial, Harlem Public, and the Chipped Cup. Additionally, tenants benefit from the property’s proximity to the 1 subway train at 145th Street and Broadway, providing easy access to downtown Manhattan, Columbia University’s Manhattanville Campus expansion, as well as the bustling 125th Street Corridor. Please contact our team for further information and to arrange access to the buildings, which will be provided by appointment only.