Leased Retail
For Sale
Contact for pricing
738 Broadway, New York, NY 10003
Fully occupied under a 10-year net lease with scheduled annual rent growth.
Property Size3,900 SF
Days on Market22
Property Features for 738 Broadway
General Information
Standard status
Active
Size
3,900 SF
Property subtype
Urban-High Street
Occupancy
100%
Amenities
Prime Broadway retail directly across from NYU with exceptional visibility and nonstop foot traffic, perfectly positioned to capture daily student demand.
Tenant investing $1M+ into buildout, signaling strong commitment and long-term occupancy with significant capital already deployed.
10-year net lease with ~3% annual increases provides stable, growing cash flow with minimal management.
Highly trafficked NoHo corridor surrounded by national retailers, transit, and dense residential and student population driving consistent demand.
Building Details
Building Size
3,900 SF
Year Built
1900
Tenancy
Single
Listed By:
Adam Steiner · License #License(s): NJ: 2298831, NY: 10401373472
(212) 430-5175
Source:
Marcusmillichap
Added: Sep 9
Changed: Sep 15
Last Checked: Sep 29 at 6:10AM
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 Adam Steiner
Investment Insights
Based on property information with market context.
This approximately 3,850-square-foot retail condominium at 738 Broadway is fully leased to Caffeena Coffee House under a newly executed 10-year net lease. Contractual rent increases of approximately 3% annually provide defined escalation within the lease term, while the net structure limits landlord responsibilities. The tenant is also committing more than $1M to the interior buildout, supporting continued occupancy and reducing near-term rollover exposure.
The property sits along Broadway in NoHo, directly across from New York University. Its setting benefits from nearby residential density, NYU’s student population, surrounding national retailers, and substantial pedestrian activity. The offering combines a compact retail footprint with an established coffee-house occupant and a long-term lease structure in a prominent Manhattan retail corridor.
The property sits along Broadway in NoHo, directly across from New York University. Its setting benefits from nearby residential density, NYU’s student population, surrounding national retailers, and substantial pedestrian activity. The offering combines a compact retail footprint with an established coffee-house occupant and a long-term lease structure in a prominent Manhattan retail corridor.
Key Highlights
- Approximately 3,850 square feet of retail condominium space
- Fully leased to Caffeena Coffee House
- Newly executed 10‑year net lease
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
33,608
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 10003, NY
57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied under a 10-year net lease with scheduled annual rent growth.
Where is this storefront property located?
The property is located at 738 Broadway New York, NY.
What are key features of this property?
This property features: Approximately 3,850 square feet of retail condominium space; Fully leased to Caffeena Coffee House; Newly executed 10‑year net lease
