5073 BroadwayNew York, NY 10034

This exceptional 21,000 square foot retail property, located at 5073 Broadway in New York, NY 10034, presents a unique investment opportunity in Manhattan. The property, situated on a 50ft x 100ft lot (Block 02243, Lot 0266) with a ground elevation of 36 feet, is zoned R7d, C2-4, and offers significant development potential. The existing structure can be utilized as is, or further developed to maximize its potential. A key advantage is the availability of 21,000 buildable square feet of air rights, allowing for the creation of a fully stand-alone building. This prime location boasts proximity to major medical and educational facilities, including Columbia University's sports center, making it ideal for a variety of uses, including schools, medical facilities, and community centers. The property also benefits from ample parking garages nearby and offers unique branding and signage opportunities. This is a rare chance to acquire a substantial retail space in a highly desirable Manhattan location with significant upside potential. The property's versatility and strategic location make it an attractive investment for both short-term and long-term growth.