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    25 Broad St New York, NY 10004

    Sponsored
    For Sale
    $3,525,000

    3,755 SF Retail Space, $3.5M

    Property size:
    3,755 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,755-square-foot retail condominium at 25 Broad Street in New York City's Financial District presents a remarkable investment opportunity. Located in a high-traffic area, this property boasts a prime location with excellent visibility and accessibility. Previously occupied by a high-end clothing retailer, the space is currently vacant and ready for immediate occupancy, minimizing upfront renovation costs. The unit is comprised of ground-level and mezzanine space, offering versatile layout options for a variety of retail uses. The asking price is $3,525,000, translating to a price per square foot of $938.75. The property's convenient location offers easy access to multiple subway lines, including the Rector Street, Wall Street, and Broad Street stations, all within a four-minute walk. This location benefits from proximity to prestigious neighboring businesses such as Hermes, Tiffany & Co., and Cipriani, ensuring high foot traffic and brand synergy. The property is a single unit within a single building, identified by APN 25-1003. This turnkey retail space is ideal for owner-occupancy or an investor seeking a strong return in a highly desirable Manhattan submarket. The property is a retail condo, offering the benefits of ownership without the responsibilities of managing a larger building.

    Property Features for 25 Broad St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,755 SF

    Building Details

    Buildings
    1
    Units
    1

    HighLights

    • 3,755 SF retail condo in NYC's Financial District, asking $3,525,000 ($938.75/SF).
    • Move‑in ready; minimal renovation needed.
    • Less than a four‑minute walk to multiple subway lines (Rector St, Wall St, Broad St stations).
    • Excellent location near high‑end retailers including Hermès, Tiffany & Co., and Cipriani.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Broad Exchange Building Apartment Rental Agency Salon 25 Beauty Salon Peter Buckingham Photography Photographer RIVAY Men'S Clothing Store The Adsomo Co. Media Company

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Law Firm

    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
    -74.0110566
    Latitude
    40.7060521

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    FAQs

    What type of property is this?
    Individual retail property - 3,755 SF Retail Space, $3.5M
    Where is this individual retail property located?
    The property is located at 25 Broad St New York, NY.
    What is the asking price?
    The asking price for this property is $3,525,000.
    What are key features of this property?
    This property features: 3,755 SF retail condo in NYC's Financial District, asking $3,525,000 ($938.75/SF).; Move-in ready; minimal renovation needed.; Less than a four-minute walk to multiple subway lines (Rector St, Wall St, Broad St stations).
    Request Owner's contact information
    25 Broad St New York, NY 10004
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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
    25 Broad St New York, NY 10004
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