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    351 Broadway New York, NY 10013

    Sponsored
    For Sale
    Contact for pricing

    Prime Tribeca Retail Space, 12,148 SF

    Property size:
    4,153 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Tribeca retail condo offers 12,148 square feet of prime retail space, spanning the ground and lower levels of a new luxury condominium building at 351 Broadway, New York, NY 10013. Boasting 90 feet of coveted Broadway frontage with six large windows and doors, this space presents a unique opportunity. The ground floor encompasses approximately 8,000 square feet with 14-15 foot ceilings, while the lower level offers 4,157 square feet of legal retail space featuring 16-foot ceilings. An internal ADA-compliant elevator ensures accessibility. The property is currently available for sale at a significantly reduced price of $8,250,000 ($679 per square foot). Alternatively, lease options are available: $125 per square foot for the ground floor and $35 per square foot for the lower level. This property is tax class 4, with annual real estate taxes of $192,107. The building is accepting all non-venting uses. Block and lot are 174/1501. Additional information is available upon request.

    Property Features for 351 Broadway

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,153 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    UAW Labor Union Eastern Block Tax Preparation Service Eustis Polly Attorney Berman Jesse Attorney Stern Anna Attorney

    Suggested Use

    Restaurant Realty agency Law Firm 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
    -74.0040609
    Latitude
    40.7169797

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    FAQs

    What type of property is this?
    Individual retail property - Prime Tribeca Retail Space, 12,148 SF
    Where is this individual retail property located?
    The property is located at 351 Broadway New York, NY.
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    351 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
    351 Broadway New York, NY 10013
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