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    480 Broadway New York, NY 10013

    Sponsored
    For Lease
    Contact for pricing

    NYC Retail: 3 Suites Available

    Lot size:
    24,687 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity presents three available suites within a 24,687 square foot freestanding building located at 480 Broadway in New York City's vibrant downtown area. The property boasts a highly visible street-level presence, ideal for businesses seeking maximum exposure. Currently, the entire building, totaling 24,687 square feet, is available for lease. Individual suites range in size from a minimum of 6,934 square feet to a maximum contiguous space of 10,103 square feet, offering flexibility for various retail concepts. The building's multiple suite configuration allows for potential expansion or division to accommodate specific business needs. Situated in New York County, with a 10013 zip code, this location benefits from high foot traffic and proximity to numerous amenities and transportation options. This is a rare chance to secure a prominent retail space in one of Manhattan's most sought-after locations. The property is currently vacant, providing a blank canvas for a new tenant to create a unique and impactful retail presence. This prime retail space offers unparalleled potential for growth and success in a dynamic and bustling urban environment. Contact us today to learn more about this exceptional leasing opportunity.

    Property Features for 480 Broadway

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,687 SF

    Unit(s) available at that property

    Space
    Basement
    Size
    6,934 SF
    Space
    Lower Level
    Size
    10,103 SF
    Space
    Ground Floor
    Size
    7,650 SF

    HighLights

    • High‑profile Soho retail space available.
    • Second‑floor expansion potential: 7,810 SF.
    • Existing freight elevator.
    • 65' of Broadway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Le Soleil Nail ... Nail Salon Invest Clothing Corporation Clothing Store Quickbooks Pro Customer ... Accounting Firm

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9999661
    Latitude
    40.7214434

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    FAQs

    What type of property is this?
    Individual retail property - NYC Retail: 3 Suites Available
    Where is this individual retail property located?
    The property is located at 480 Broadway New York, NY.
    What are key features of this property?
    This property features: High-profile Soho retail space available.; Second-floor expansion potential: 7,810 SF.; Existing freight elevator.
    Request Owner's contact information
    480 Broadway New York, NY 10013
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    New York, NY 10013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    480 Broadway New York, NY 10013
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