Office Building for
185 Broadway New York, NY 10007
185 Broadway, New York, NY, 10007
Contact for pricing
For Sale
Contact for pricing
For sale office building totaling 28,703 RSF at 185 Broadway.
Property Size28,703 SF
Price / SF$495
Days on Market64
Property Features for 185 Broadway
General Information
- Standard status
- Active
- Size
- 28,703 SF
- Property subtype
- Office
Building Details
- Year Built
- 2022
Listing agency
Rudder Property Group
(646) 483-2203
Listed by
Justin Harris · License #NY 10401319657
Source
Crexi
Added: May 21 Updated: Jul 22 at 3:00AM Checked: Jul 22 at 3:00AM
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 Rudder Property Group
Investment Insights
Based on property information with market context.
This offering is an office building for sale with 28,703 RSF of space. The property is presented as a commercial office asset and is marketed for sale.
The building is located at 185 Broadway in New York, NY 10007. Access details, tenancy, and specific layout information are not provided in the available materials, so buyers and brokers should confirm configuration during due diligence.
If you are evaluating office space requirements, this is a large-format office property measured at 28,703 RSF, suitable for buyers seeking to accommodate an established footprint within a single office building.
The building is located at 185 Broadway in New York, NY 10007. Access details, tenancy, and specific layout information are not provided in the available materials, so buyers and brokers should confirm configuration during due diligence.
If you are evaluating office space requirements, this is a large-format office property measured at 28,703 RSF, suitable for buyers seeking to accommodate an established footprint within a single office building.
Key Highlights
- Office building for sale totaling 28,703 RSF at 185 Broadway
- Built in 2022
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.48M | $51.48 |
| − Vacancy | −$279.3k | −$9.73 |
| EGI | $1.20M | $41.75 |
| − OpEx | −$299.6k | −$10.44 |
| NOI | $898.8k | $31.31 |
28,703 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$12.84M
$11.23M – $14.98M
NOI $898,769 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$71.45M
$62.52M – $83.35M
NOI $5,001,211 @ 7.0% cap · market cap 35.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Racial Justice Project
Consultant
1800 Ny Carpet
Carpet Cleaning Service
Safe Passage Project
Charitable Organization
Securities Arbitration Clinic
Consultant
Wells Fargo ATM
Atm
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FAQs
What type of property is this?
Office building - For sale office building totaling 28,703 RSF at 185 Broadway.
Where is this office building located?
The property is located at 185 Broadway New York, NY.
What is the asking price?
The asking price for this property is $14,207,985.
What are key features of this property?
This property features: Office building for sale totaling 28,703 RSF at 185 Broadway; Built in 2022
