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Office Building with Destination Dispatch Elevator
For Lease
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225 Broadway, New York, NY 10007

Renaissance revival office building with a destination dispatch elevator, with a full floor slated for demolition.

Space SizeContact for details
Property Size12,215 SF
Days on Market1134

Property Features for 225 Broadway

General Information

Standard status Active
Size 12,215 SF
Elevators Yes
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Public Transit Yes

Building Details

Construction Renaissance Revival

Spaces For Lease

at 225 Broadway Contact us

225 Broadway $42/SF/Yr

Contact us
Listing Agency: KF Braun Management, LLC.
Listed By: Mendy Braun
Source: Moodyscre
Added: Jun 30, 2023 Changed: Jul 30 Last Checked: Aug 5 at 1:31PM

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 KF Braun Management, LLC.

Investment Insights

Based on property information with market context.

225 Broadway is a renaissance revival office building with approximately 12,215 square feet. The building features a destination dispatch elevator designed for a touchless, more efficient transportation experience.

The property is adjacent to the Fulton Street hub and is near City Hall and courts, positioned in a popular, high-traffic area. Tenants can also take advantage of views of City Hall and the Brooklyn Bridge, as well as views over the Oculus.

A full floor will be demolished, which may impact near-term availability and building configuration for incoming tenants.

Key Highlights

  • About 12,215 SF in a renaissance revival office building
  • Destination dispatch elevator for touchless, more efficient transportation
  • Views of City Hall and the Brooklyn Bridge

Property Analytics

Current Use

Law Office of Michael ... Law Firm Jill M. Zuccardy ... Law Firm Michael P. Stokamer Mediation Service Law Office of Richard ... Law Firm Lawrence W. Rader ... Law Firm

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet Locksmith (Bike/Boat/Book/etc) Store

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
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

38,396
Businesses Nearby

Demographics for 10007, NY

8,421
Population
3,711
Households
2.3
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
42,105
Density / Sq Mi
$250,001
Median Household Income
$150,470
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value

Market

Lease Benchmarks for New York, NY

$47.13 /SF/Yr
Avg Asking Price
$4.17–$109 /SF/Yr
Price Range
11,202 SF
Avg Space Size

This space is priced 11% below the average of $47.13 /SF/Yr.

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 units - Renaissance revival office building with a destination dispatch elevator, with a full floor slated for demolition.
Where is this office units located?
The property is located at 225 Broadway New York, NY.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: About 12,215 SF in a renaissance revival office building; Destination dispatch elevator for touchless, more efficient transportation; Views of City Hall and the Brooklyn Bridge
(212) 349-2154 Call to check price and availability
More about this property
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