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    2625 Broadway New York, NY 10025

    Sponsored
    For Lease
    $50 SF/Yr

    Massive 24,000 SF Venue - High Traffic!

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 24,000-square-foot single-tenant space, located at 2625 Broadway in Manhattan's coveted Upper West Side (zip code 10025), presents a unique opportunity for a variety of businesses. Currently configured as a theater, this adaptable property boasts a 23-foot ceiling and a capacity of 300 people. Its prime location ensures high foot traffic, making it ideal for a diverse range of uses. Imagine transforming this space into a vibrant nightclub, a state-of-the-art fitness center, a unique retail experience, or any other creative business venture. The property's substantial size and impressive ceiling height offer unparalleled flexibility for design and layout. The building's address is 2625 Broadway, New York, NY 10025. The property is classified as Retail, Restaurant, and Special Purpose, specifically catering to movie theaters, event spaces, venues, and nightclubs. The asking rent is $100,000 per month. This is a rare chance to secure a landmark property in one of Manhattan's most desirable neighborhoods. The property's versatility and prominent location make it an exceptional investment opportunity with significant potential for growth and return. Don't miss this chance to acquire a truly one-of-a-kind space.

    Property Features for 2625 Broadway

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF

    Unit(s) available at that property

    Space
    Size
    24,000 SF
    Rate per SF
    $50

    HighLights

    • 24,000 square foot single‑tenant space at 2625 Broadway, Manhattan.
    • Currently configured as a theater with a 23‑foot ceiling and 300‑person capacity.
    • Prime Upper West Side location (10025) with high foot traffic.
    • Adaptable space suitable for retail, restaurant, special purpose uses (e.g., nightclub, fitness center).
    • Asking rent: $100,000 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Benjamin Moore Paint Store Janovic Paint & Decorating ... Paint Store Shades & Blinds @ Janovic ... Window Treatment Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.970603
    Latitude
    40.796973

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    FAQs

    What type of property is this?
    Restaurant - Massive 24,000 SF Venue - High Traffic!
    Where is this restaurant located?
    The property is located at 2625 Broadway New York, NY.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: 24,000 square foot single-tenant space at 2625 Broadway, Manhattan.; Currently configured as a theater with a 23-foot ceiling and 300-person capacity.; Prime Upper West Side location (10025) with high foot traffic.
    Request Owner's contact information
    2625 Broadway New York, NY 10025
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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
    2625 Broadway New York, NY 10025
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