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    291 Broadway New York, NY 10007

    Sponsored
    For Lease
    Contact for pricing

    1,750 SF Retail, Multiple Units Available

    Lot size:
    1,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail opportunity is located at 291 Broadway in New York City's vibrant downtown area, within New York County. The property offers a total of 1,750 square feet of commercial space, currently entirely vacant and available for immediate occupancy. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 50 square feet to a maximum contiguous space of 850 square feet. This presents a unique chance for both established businesses seeking expansion and new ventures looking for a prime location to establish themselves. The property's address on Broadway ensures high visibility and foot traffic, making it ideal for a variety of retail uses. The building is categorized as a retail property with a commercial subtype. The property is for sale and presents a compelling investment opportunity in a highly sought-after New York City location. With its flexible space options and prime location, this property is poised for success. The zip code is 10007. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space. The entire 1,750 square feet is currently vacant.

    Property Features for 291 Broadway

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,750 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    850 SF
    Space
    Mezzanine
    Size
    50 SF
    Space
    Basement
    Size
    850 SF

    HighLights

    • Versatile commercial space, suitable for various uses.
    • Existing, fully‑vented kitchen ideal for restaurant operations.
    • Direct lease, no key money required.
    • High pedestrian traffic volume.
    • Prime location in City Hall/Civic Center, near 50,000+ employees.
    • Adjacent to 291 Broadway's 129,000 sq ft office lobby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Krolik Maurice M Attorney Laquercia Thomas M Attorney Guerrero Law Firm Immigration Attorney Revsquare Graphic Designer CrossMedia Software Company

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm 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
    -74.006079
    Latitude
    40.7149226

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    FAQs

    What type of property is this?
    Retail property - 1,750 SF Retail, Multiple Units Available
    Where is this retail property located?
    The property is located at 291 Broadway New York, NY.
    What are key features of this property?
    This property features: Versatile commercial space, suitable for various uses.; Existing, fully-vented kitchen ideal for restaurant operations.; Direct lease, no key money required.
    Request Owner's contact information
    291 Broadway New York, NY 10007
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    New York, NY 10007
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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
    291 Broadway New York, NY 10007
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