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Retail Storefront with Two-Street Frontage
For Lease
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489 Broadway, New York, NY 10012

Storefront retail space with street frontage on Broadway and Broome Street, plus a mezzanine that can be removed.

Property Size3,232 SF
Days on Market156

Property Features for 489 Broadway

General Information

Standard status Active
Size 3,232 SF
Property subtype RETAIL
Listing Agency: Newmark - Corporate
Listed By: Ross Berkowitz
Source: Moodyscre
Added: Feb 25 Changed: Jul 30 Last Checked: Jul 31 at 11:33AM

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 Newmark - Corporate

Investment Insights

Based on property information with market context.

This retail storefront space at 489 Broadway offers 3,232 SF of adaptable interior layout. A mezzanine can be removed to create high ceilings throughout the space, giving flexibility for a tenant buildout.

The space is positioned just north of the corner of Broome and Broadway, with frontage on both Broadway and Broome Street. The surrounding area is described as being filled with major national and global brands, including Zara, Brandy Melville, Aritzia, and Pop Mart.

With frontage on two streets and the option to remove the mezzanine, this location can support a range of retail concepts that benefit from an open, high-ceiling environment and prominent street presence.

Key Highlights

  • 3,232 SF retail storefront space
  • Frontage on both Broadway and Broome Street
  • Mezzanine can be removed to create high ceilings throughout the space

Property Analytics

Current Use

Dolce Vita Clothing & Fashion Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

35,943
Businesses Nearby
Balanced
Demand for This Use

Demographics for 10012, NY

23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront retail space with street frontage on Broadway and Broome Street, plus a mezzanine that can be removed.
Where is this storefront property located?
The property is located at 489 Broadway New York, NY.
What are key features of this property?
This property features: 3,232 SF retail storefront space; Frontage on both Broadway and Broome Street; Mezzanine can be removed to create high ceilings throughout the space
(212) 916-3388 Call to check price and availability
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