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    42 Broadway New York, NY 10004

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    For Lease
    $225 SF/Yr

    Prime office space in the Financial District of Lower Manhattan.

    Property size:
    8,000 SF
    Lot size:
    0.52 Acres

    Property Features for 42 Broadway

    General Information

    Size
    8,000 SF
    Lot size
    0.52 Acres

    Source: The Lawrence Group Agent David Ofman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Financial District Office Space

    Located in the Financial District of Lower Manhattan, 42 Broadway offers office space within a 20-floor building constructed in 1904. The property benefits from a central location with convenient access to major transit options and New York City amenities. The building features 24-hour access and security. Natural light and views are available. A new street entrance near the Fulton Street Hub (A, C, 2, 3, 4, 5) enhances accessibility. The location is in close proximity to all major transportation, the Staten Island Ferry, and subway access at Battery Park. The Financial District and Wall Street are just 3 minutes away. Nearby banking options include Amalgamated Bank, Chase Bank, HSBC Bank, and Bank of America. Nearby attractions include The Bull, Statue of Liberty, and Canyon of Heroes. The building has on-site owner management and a hi-tech building management system. A multimillion-dollar building renovation includes an elevator modernization program and a new HVAC system. Creative pre-built office spaces are available with high-end finishes and full glass offices. The property features Broadway frontage and tenant-controlled A/C. Pre-built office space is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Birkett Real Estate ... Real Estate Agency TEDDY MAKI STUDIO Photographer Dr. Marino Kambourakis, ... Chiropractor Dr. Tiffany Taveras, ... Chiropractor Dr. Charalampos (Bobby) ... Chiropractor

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0128538
    Latitude
    40.7061079

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    FAQs

    What type of property is this?
    Office space - Prime office space in the Financial District of Lower Manhattan.
    Where is this office space located?
    The property is located at 42 Broadway New York, NY.
    What is the lease rate?
    The lease rate is $225 SF/Yr.
    What are key features of this property?
    This property features: - Prime Broadway location, just a block from Wall Street in the Financial District.; - Easy access to major transportation, including subway (Battery Park), express buses, and Staten Island Ferry; new street entrance near Fulton Street Hub (A, C, 2, 3, 4, 5).; - Natural light and views.
    (212) 363-3939
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    42 Broadway New York, NY 10004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42 Broadway New York, NY 10004
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