Retail

3350-3362 Broadway, New York, NY 10031 – Harlem / Hamilton Heights
Asking Rent: $30,000/month
Space: 1,600 sq ft
Property Type: Retail (Ground Floor)
Rent per Sq Ft: $18.75/month ($225.00/sq ft annualized)

Property Overview

This 1,600-square-foot retail space at 3350-3362 Broadway is a prominent, high-stakes opportunity on a key Upper Manhattan commercial corridor. With an asking rent of $30,000 per month, it commands a premium price per square foot reflective of its high-visibility location in a rapidly evolving neighborhood with significant existing foot traffic. This space is suitable for a destination-driven business such as a full-service restaurant, high-volume cafe, boutique fitness studio, or flagship retail store that can serve as a major anchor and capitalize on the area’s dense residential population and growing economic vitality.

Space Highlights

• Substantial ground-floor retail space of 1,600 sq ft with significant frontage on Broadway.
• Ample square footage for a full-service restaurant with dining and bar area, specialty grocery or market, boutique fitness center (e.g., cycling, yoga, boxing), or experiential retail concept.
• High visibility on a wide, bustling avenue with consistent bus, vehicle, and pedestrian traffic.
• Will require a significant capital investment and comprehensive build-out which may include full kitchen ventilation, specialized flooring, robust HVAC, and high-quality finishes.
• The size allows for a flexible layout with distinct zones for service, customer experience, and back-of-house operations.

Location & Neighborhood

• Prime Harlem / Hamilton Heights location on Broadway between 136th and 138th Streets.
• Situated in a historic, densely populated residential neighborhood undergoing significant commercial growth and investment.
• Serves a large local community and benefits from proximity to City College of New York (CUNY) and several major public housing complexes, ensuring consistent foot traffic.
• Strong daily foot traffic from residents, students, and commuters using the multiple bus lines and nearby subway stations.
• Excellent transit access via the 1 train at 137th St-City College and the A/B/C/D trains at 135th St. Multiple north-south bus lines run on Broadway and St. Nicholas Avenue.
• Walkable to City College, St. Nicholas Park, and the commercial hubs of 145th Street and Frederick Douglass Boulevard.

Summary

Priced at $30,000/month ($18.75/sq ft/month), this 1,600 sq ft retail space on Broadway in Hamilton Heights represents a premium investment in a high-growth Upper Manhattan corridor. The annualized rent of $225 per square foot reflects the area’s rising profile, existing density, and the space’s potential as a neighborhood destination. This opportunity is for an experienced, well-capitalized operator with a concept that respects and elevates the local community while attracting a broader audience. Success requires a business model that can generate substantial revenue to support the high rent, leveraging both loyal local patronage and the area’s increasing draw as a cultural and residential destination. It’s a statement location for a business betting on Harlem’s continued ascent.