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Union Square Landmark Building
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853 Broadway, New York, NY 10003

21-story office building in Union Square undergoing multi-million dollar redesign.

Space SizeContact for details
Property Size157,000 SF
Days on Market1104

Property Features for 853 Broadway

General Information

Standard status Active
Size 157,000 SF
Class B
Property subtype Office

Building Details

Building Size 157,000 SF
Tenancy Multiple

Spaces For Lease

at 853 Broadway Contact us

Available Space

Type
Office
Availability
Active
Contact us
Listing Agency: RI Manhattan Realty
Listed By: Robert Isaacs · License #NY
Source: Crexi
Added: Aug 16, 2023 Changed: Aug 10 Last Checked: Aug 21 at 6:21PM

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 RI Manhattan Realty

Investment Insights

Based on property information with market context.

Located at the foot of Union Square, 853 Broadway is a 21-story, 157,000 square foot landmark building constructed in the 1920s. Situated on the southeast corner of Fourteenth Street and Broadway, this location benefits from its proximity to a significant crosstown road and a vibrant business, retail, and entertainment area. A multi-million dollar redesign is currently underway, encompassing a new lobby and passage, a new five-level floor-to-roof glass exterior, a new attendant work area, comprehensive elevator modernization, and contemporary new restrooms. These renovations will create desirable full-floor office spaces in a prime Manhattan location. Union Square serves as a major convergence point in New York City, hosting a diverse array of renowned objective retailers, world-renowned eateries, enterprises, and educational institutions, as well as a prominent transportation center. The area has recently attracted technology and media firms, along with significant retailers. The central Midtown South location and convenient access to public transportation, including the 4, 5, 6, L, N, R, and Q subway lines, as well as the M1, M2, M3, M7, M9, and M14 buses, and the PATH train on Sixth Avenue, make it a popular place to work.

Key Highlights

  • Prime location on Union Square, a major transportation hub and business/retail destination.
  • Significant multi‑million dollar redesign underway, including a new lobby, facade, and restrooms.
  • Landmark 21‑story building with 157,000 square feet of space.

Property Analytics

Current Use

Energy Chiropractic Alternative Medicine Practice Matthew Shawl, MD Physician 21 Boom Advertising Agency David L. Starr, ... Alternative Medicine Practice Barson Alan D Law Firm

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Buffet Adult Day Care Pet Grooming Service

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

36,561
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 SF
Avg Space Size

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 building - 21-story office building in Union Square undergoing multi-million dollar redesign.
Where is this office building located?
The property is located at 853 Broadway New York, NY.
What are key features of this property?
This property features: Prime location on Union Square, a major transportation hub and business/retail destination.; Significant multi‑million dollar redesign underway, including a new lobby, facade, and restrooms.; Landmark 21‑story building with 157,000 square feet of space.
(917) 346-6517 Call to check price and availability
More about this property
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