Corner Retail Storefront with Dual
682 Broadway New York City, NY 10012
682 Broadway, New York City, NY, 10012
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For Sale
Contact for pricing
Corner storefront with dual street frontage at a highly trafficked Manhattan intersection.
Property Size2,049 SF
Price / SF$3,172
Days on Market76
Property Features for 682 Broadway
General Information
- Standard status
- Active
- Size
- 2,049 SF
- Property subtype
- Retail
Listing agency
Kassin Sabbagh Realty
(732) 859-5995
Listed by
Joseph Kassin · License #NY
Source
Crexi
Added: May 8 Updated: Jul 22 at 11:36AM Checked: Jul 22 at 11:36AM
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 Kassin Sabbagh Realty
Investment Insights
Based on property information with market context.
Kassin Sabbagh Realty is pleased to present a premier retail opportunity at 682 Broadway, New York, NY 10012. The property is located on the southeast corner of Great Jones and Broadway and features dual street frontage designed to support strong retail presence. The building also offers prominent illuminated signage potential.
Situated in the heart of NoHo, the corner position supports visibility in a neighborhood described as highly trafficked, with an emphasis on retail and dining. The surrounding area includes national retailers, boutique fitness concepts, and hospitality destinations, with nearby anchors including Equinox, Kith, Starbucks, and Great Jones Distilling Co.
The remarks cite more than 20,000 vehicles passing everyday and a population exceeding 276,000 residents within a one-mile radius, contributing to broad market exposure. This architecturally distinctive corner building is presented as well-suited for flagship retail and experiential brand activations seeking a commanding presence.
Situated in the heart of NoHo, the corner position supports visibility in a neighborhood described as highly trafficked, with an emphasis on retail and dining. The surrounding area includes national retailers, boutique fitness concepts, and hospitality destinations, with nearby anchors including Equinox, Kith, Starbucks, and Great Jones Distilling Co.
The remarks cite more than 20,000 vehicles passing everyday and a population exceeding 276,000 residents within a one-mile radius, contributing to broad market exposure. This architecturally distinctive corner building is presented as well-suited for flagship retail and experiential brand activations seeking a commanding presence.
Key Highlights
- Corner retail property at the southeast corner of Great Jones and Broadway
- Dual street frontage with potential for prominent illuminated signage
- Located in NoHo near major retailers and dining destinations including Equinox, Kith, Starbucks, and Great Jones Distilling Co.
Local Financial Insights For Retail
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 | $482.9k | $235.68 |
| − Vacancy | −$71.0k | −$34.64 |
| EGI | $411.9k | $201.04 |
| − OpEx | −$123.6k | −$60.31 |
| NOI | $288.3k | $140.72 |
2,049 SF · lease $235.68/SF/yr · vacancy 14.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.12M
$3.60M – $4.81M
NOI $288,345 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.10M
$4.46M – $5.95M
NOI $357,018 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
dache-design
Architect
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Corner storefront with dual street frontage at a highly trafficked Manhattan intersection.
Where is this retail space located?
The property is located at 682 Broadway New York City, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Corner retail property at the southeast corner of Great Jones and Broadway; Dual street frontage with potential for prominent illuminated signage; Located in NoHo near major retailers and dining destinations including Equinox, Kith, Starbucks, and Great Jones Distilling Co.
