936 Broadway, New York, NY
Flatiron office space featuring brick arches, high ceilings, and natural light.
- Added:
- May 20, 2025
- Days on Market:
- 395
- Last Refresh:
- May 19 at 9:58 pm
Property Features for 936 Broadway
General Information
- Standard status
- Active
- Size
- 18,500 SF
- Lot size
- 0.26 Acres
- Property subtype
- OFFICE
Listing agent Justin Harris (914) 582-9227
Listing office Rudder Property Group (914) 582-9227
Listing date May 20, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Rudder Property Group
HighLights
- Prime Flatiron location between Madison Square Park & Union Square.
- Distinct architectural design with brick arches, high ceilings, and large windows with natural light and views.
- High‑end installation including interconnecting staircase, private offices, meeting rooms, two conference rooms, kitchen, pantry, and owner‑controlled HVAC.
- Up to 90% financing available for qualified purchasers.
- Ideal for non‑profits, medical groups, educational institutions, and professional offices.
- Attended lobby with signage potential.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $952.4k | $51.48 |
| − Vacancy | −$180.0k | −$9.73 |
| EGI | $772.4k | $41.75 |
| − OpEx | −$193.1k | −$10.44 |
| NOI | $579.3k | $31.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9893
- Latitude
- 40.7403