Retail Asset Leasehold
For Lease
Contact for pricing
1651 Broadway, New York, NY 10019
Leasehold interest in a fully occupied retail asset.
Space Size17,516 SF - 67,510 SF
Days on Market158
Property Features for 1651 Broadway
General Information
Standard status
Active
Size
17,516 SF - 67,510 SF
Property subtype
RETAIL
Lease Type
Modified Gross
Spaces For Lease
at 1651 Broadway Contact us1651 Broadway AVAILABLE, Now
Floor
1
Size
34,435 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- The Property is being sold subject to an existing, minimally impactful ($45k/year), ground lease with 87 years of remaining term (LXD: February 9, 2111).
This is a unique opportunity to acquire a partial interest in the leasehold position in a 100% occupied retail asset in one of the most premier markets in the world. All inquiries should be directed to Katz & Associates.
Contact us 1651 Broadway AVAILABLE, Now
Floor
1
Size
67,510 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- The Property is being sold subject to an existing, minimally impactful ($45k/year), ground lease with 87 years of remaining term (LXD: February 9, 2111).
This is a unique opportunity to acquire a partial interest in the leasehold position in a 100% occupied retail asset in one of the most premier markets in the world. All inquiries should be directed to Katz & Associates.
Contact us 1651 Broadway $700/Mo
Floor
1
Size
17,516 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
Yes
- Prime Midtown West corner space with selling lower level
- Surrounded by Broadway theaters, restaurants, office buildings, and hotels
- Within a 4-minute walk of 4 subway stations (1,C,E,B,D,N,R,W) – servicing 20.2M+ annual riders (2023)
Contact us
Listing Agency:
Katz & Associates | New York City
(201) 731-8511
Listed By:
Scott Sher · License #0790924
(212) 257-5060
Source:
Moodyscre
Added: May 19
Changed: Oct 6
Last Checked: Oct 20 at 10:16PM
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 Katz & Associates | New York City
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Investment Insights
Based on property information with market context.
This offering presents a unique opportunity to acquire a partial interest in the leasehold position of a 100% occupied retail asset. The property encompasses 67,510 square feet. The property is subject to an existing ground lease with 87 years of remaining term, expiring February 9, 2111, and generating $45,000 annually. The property is located at 1651 Broadway, New York, NY 10019.
Key Highlights
- Partial interest in leasehold position of a 100% occupied retail asset.
- Located in a premier market.
- Existing ground lease in place.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
57,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 10019, NY
49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Leasehold interest in a fully occupied retail asset.
Where is this specialty property located?
The property is located at 1651 Broadway New York, NY.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: Partial interest in leasehold position of a 100% occupied retail asset.; Located in a premier market.; Existing ground lease in place.
