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    424 Broadway New York, NY 10012

    For Lease
    Contact for pricing

    NYC Retail: Multiple Units Available

    Lot size:
    2,967 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail opportunity is located at 424 W Broadway in New York City's vibrant West Village, within New York County. The property offers a total of 2,967 square feet of commercial space, currently entirely vacant and available for lease. Multiple units are available, with a minimum divisible space of 635 square feet and a maximum contiguous space of 817 square feet, providing flexibility for various business needs. This presents a unique chance to establish a presence in a high-traffic area known for its diverse clientele and strong foot traffic. The building's location on West Broadway ensures excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property is categorized as a multi-tenant retail space, offering potential for synergistic businesses to co-locate. The address is 424 W Broadway, New York, NY 10012. This is a rare opportunity to secure a prominent retail space in a highly sought-after New York City location. The entire 2,967 square feet is currently vacant, allowing for complete customization to suit a tenant's specific requirements. Interested parties should act quickly to secure this prime retail space. The property's location offers unparalleled access to public transportation and a dense population base, ensuring a steady stream of potential customers.

    Property Features for 424 Broadway

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,967 SF

    Unit(s) available at that property

    Space
    Space A Ground Floor
    Size
    701 SF
    Space
    Space A Basement
    Size
    635 SF
    Space
    Space B Ground Floor
    Size
    814 SF
    Space
    Space B Basement
    Size
    817 SF

    HighLights

    • Turnkey retail space in high‑traffic West Village location (424 W Broadway, New York, NY 10012).
    • Landmark‑approved blade signage available for each unit.
    • Includes contiguous basement space.
    • Most uses considered.
    • Flexible space options: units can be combined, with minimum 635 sq ft and maximum 817 sq ft contiguous spaces available; total 2,967 sq ft currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Avitto Shoe Store Vietnam Away Association Or Organization eduardo figueroa Photographer Carryon Technologies Corporate Office Ulterior Gallery Art Gallery

    Suggested Use

    Realty agency Restaurant 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
    -74.0015142
    Latitude
    40.7252543

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    FAQs

    What type of property is this?
    Retail property - NYC Retail: Multiple Units Available
    Where is this retail property located?
    The property is located at 424 Broadway New York, NY.
    What are key features of this property?
    This property features: Turnkey retail space in high-traffic West Village location (424 W Broadway, New York, NY 10012).; Landmark-approved blade signage available for each unit.; Includes contiguous basement space.
    Request Owner's contact information
    424 Broadway New York, NY 10012
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    New York, NY 10012
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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
    424 Broadway New York, NY 10012
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