4388 Broadway, New York, NY, 10040, US

4388 Broadway

Description

Jones Lang LaSalle (“JLL”) has been exclusively retained to arrange the sale of 4388 Broadway (the “Property” or “Site”), a prime development opportunity in the heart of Hudson Heights, Manhattan. This strategically positioned Site, boasting a 7,691 SF footprint on the east side of Broadway between W 187th Street and Farview Avenue, offers approximately 30,764 ZFA (Standard) or 38,532 ZFA (UAP) for development.

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Attributes

UAP Zoning Floor Area

38,532 ZFA

Lot Size

7,691 SF

Zoning

C2-4, R7-2

UAP FAR

5.01 FAR

Media

Investment Highlights

Premier Development Opportunity

4388 Broadway provides developers with exceptional optionality. Located in an Opportunity Zone, and benefiting from 485-X and City of Yes initiatives, strong market demand supports 100% rental development, condominium development, or a strategic mixture of the two, and allows developers to stay under the 99-unit 485-X wage threshold.

Robust Neighborhood

Hudson Heights is celebrated for its vibrant cultural scene, abundant green spaces including Fort Tryon Park and Highbridge Park, and diverse dining options. This dynamic neighborhood offers convenient transit access for easy exploration throughout Manhattan and beyond. Located within this thriving submarket, 4388 Broadway benefits from the area’s desirable amenities that make Fort George highly sought after by residents.

Transportation Access

4388 Broadway offers excellent subway access with the 190th Street station serving the 1 and A lines just moments away, while the nearby 191st Street station provides access to the 1 line. The Property’s proximity to the major transportation hub at 168th Street ensures seamless connectivity throughout.