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    816 Broadway New York, NY 10003

    For Lease
    $180,000

    1,271 sq ft Ground Floor Retail in NYC

    Lot size:
    1,271 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,271 square foot retail space boasts a prime Union Square location in New York County, NY. Situated on the ground floor at 816 Broadway, zip code 10003, this single-tenant property offers unparalleled visibility and accessibility. Its designated ground floor entrance ensures easy customer access. The property benefits from its proximity to both Union Square Park and Washington Square Park, providing high foot traffic and a vibrant atmosphere. Furthermore, its strategic location offers convenient access to multiple subway lines, including the N, Q, R, W, 4, 5, 6, and L trains, maximizing potential customer reach. This makes it an ideal location for a variety of retail businesses seeking a high-traffic, easily accessible space in one of Manhattan's most desirable neighborhoods. The property is classified as a ground floor retail space in a single-tenant building. The address is 816 Broadway, New York, NY 10003. The geographic coordinates are latitude 40.7327771 and longitude -73.9909292. This presents a unique opportunity for businesses seeking a strong presence in a bustling and iconic New York City location.

    Property Features for 816 Broadway

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,271 SF
    Total Rate
    180000

    Unit(s) available at that property

    Space
    Size
    1,271 SF
    Rate per SF
    $180,000

    HighLights

    • 1,271 SF ground floor retail space in prime Union Square, Manhattan.
    • Located at 816 Broadway, New York, NY 10003.
    • Single‑tenant occupancy with high visibility and accessibility.
    • Excellent foot traffic due to proximity to Union Square and Washington Square Parks.
    • Convenient access to multiple subway lines (N, Q, R, W, 4, 5, 6, L).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    outro nyc Coffee Shop The Shala Yoga House ... Yoga Studio HITO Astrologer ISHTA Yoga Spa

    Suggested Use

    Law Firm Restaurant Realty agency 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
    -73.9909292
    Latitude
    40.7327771

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    FAQs

    What type of property is this?
    Retail property - 1,271 sq ft Ground Floor Retail in NYC
    Where is this retail property located?
    The property is located at 816 Broadway New York, NY.
    What is the lease rate?
    The lease rate is $180,000.
    What are key features of this property?
    This property features: 1,271 SF ground floor retail space in prime Union Square, Manhattan.; Located at 816 Broadway, New York, NY 10003.; Single-tenant occupancy with high visibility and accessibility.
    Request Owner's contact information
    816 Broadway New York, NY 10003
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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
    816 Broadway New York, NY 10003
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