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Third-Floor Office Unit

888 Broadway, New York, NY 10003

For Lease
Contact for pricing

Demolished floor offers build-to-suit flexibility with high ceilings and access to a recently upgraded office building.

Space Size33,295 SF
Days on Market946

Property Features for 888 Broadway

General Information

Standard status Active
Size 33,295 SF
Property subtype OFFICE

Site & Location

Neighborhood Downtown

Spaces For Lease

at 888 Broadway
888 Broadway AVAILABLE, Now
Floor 3
Size 33,295 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 880-888 Broadway is 175,000 SF class C office building and stands seven stories tall. The iconic, architecturally significant loft-style property is the long-time home of ABC Carpet & Home, AC Cocina, and ABC Kitchen. - Between Madison Square Park and Union Square Park in the Flatiron District of Manhattan's Midtown South submarket. - The 3rd floor is currently demolished. Landlord will provide a cash allowance or build to suit to Tenant's layout criteria. Ceiling heights on the 3rd floor range from 16-18 feet. Floor can be combined with the 2nd floor via an internal staircase or leased separately. The entire building was recently completely redesigned and upgraded from the inside out. Features include a brand new lobby, elevator cabs, glass windows, HVAC, and all mechanical systems. Perfectly situated between Union Square, Gramercy Park and Madison Square Park with close proximity to Union Square Transporation Hub.
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Listing Agency: CBRE | Midtown Manhattan
Listed By: Alexander T. D'amario
Source: Moodyscre
Added: Apr 9, 2024 Changed: Oct 26 Last Checked: Nov 8 at 6:46AM

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 CBRE | Midtown Manhattan

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Investment Insights

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The third-floor office unit at 888 Broadway offers 33,295 SF within a seven-story, 175,000 SF Class C office building. The floor is currently demolished, allowing the landlord to provide a build-to-suit configuration or cash allowance based on the tenant’s layout criteria. Ceiling heights range from 16–18 feet, and the floor can be leased separately or combined with the second floor through an internal staircase.

The building has been redesigned and upgraded throughout, with a new lobby, elevator cabs, glass windows, HVAC, and mechanical systems. The property is located between Madison Square Park and Union Square Park in Manhattan’s Flatiron District and Midtown South submarket, with proximity to Union Square Transportation Hub. The building is also home to ABC Carpet & Home, AC Cocina, and ABC Kitchen.

Key Highlights

  • 33,295 SF third‑floor office unit at 888 Broadway
  • Third floor is currently demolished for build‑to‑suit planning
  • Ceiling heights range from 16–18 feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Frette (Bike/Boat/Book/etc) Store ABC Home & Carpet Furniture & Home Goods ABC Carpet & Home Home Decor Store UMRAO Cashmere (Bike/Boat/Book/etc) Store NASUS International Cassava ... Big Box & Wholesale Store

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

51,791
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$47.87 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,698 SF
Avg Space Size

Properties on Market for Office Units in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Demolished floor offers build-to-suit flexibility with high ceilings and access to a recently upgraded office building.
Where is this office unit located?
The property is located at 888 Broadway New York, NY.
What are key features of this property?
This property features: 33,295 SF third‑floor office unit at 888 Broadway; Third floor is currently demolished for build‑to‑suit planning; Ceiling heights range from 16–18 feet
(212) 984-6697 Call to check price and availability
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