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NoMad Boutique Trophy Office Space
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1245 Broadway, New York, NY 10001

Class A office building in NoMad near Penn Station.

Property Size72,180 SF
Days on Market250

Property Features for 1245 Broadway

General Information

Standard status Active
Size 72,180 SF
Property subtype Office
Listing Agency: CBRE | Midtown Manhattan
Listed By: Paul Amrich
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Jul 30 at 3:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

1245 Broadway is a boutique trophy office property located in the NoMad neighborhood. The building's design draws inspiration from Manhattan's classical 19th and 20th-century architecture, while also presenting a contemporary presence. Class A construction techniques are incorporated to enhance comfort and optimize energy efficiency, contributing to a sustainable corporate environment. The property has a size of 72180 square feet. The building is located one block away from Penn Station, providing convenient access to the LIRR, New Jersey Transit, the PATH train, and six subway lines.

Key Highlights

  • Prime NoMad location as the neighborhood's first boutique trophy office property.
  • Conveniently located one block from Penn Station with access to LIRR, NJ Transit, PATH, and six subway lines.
  • Class A construction techniques for enhanced comfort and optimized energy efficiency.

Property Analytics

Current Use

JKS Restaurants Restaurant 1245 Broadway Real Estate Agency GDSNY Architectural Designer

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

84,183
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building in NoMad near Penn Station.
Where is this office building located?
The property is located at 1245 Broadway New York, NY.
What are key features of this property?
This property features: Prime NoMad location as the neighborhood's first boutique trophy office property.; Conveniently located one block from Penn Station with access to LIRR, NJ Transit, PATH, and six subway lines.; Class A construction techniques for enhanced comfort and optimized energy efficiency.
More about this property
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