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    1216 Broadway New York, NY 10001

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    For Lease
    Contact for pricing

    1,100 SF Retail Space - NYC

    Lot size:
    1,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,100 square foot retail space is ideally situated at 1216 Broadway in the heart of New York City, New York County. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. Currently vacant, this presents a unique opportunity for an immediate occupancy. The building's total square footage is 1,100 square feet, providing ample space for a variety of retail concepts. The address, 1216 Broadway, places the property in a high-traffic area with excellent visibility and pedestrian footfall, ensuring maximum exposure for your business. Located in the 10001 zip code, this prime location offers unparalleled access to a dense population and a vibrant commercial environment. The property is classified as retail commercial real estate, perfect for businesses seeking a prominent presence in one of the world's most dynamic cities. This is a single-tenant occupancy, eliminating the complexities of multi-tenant management. The property is ready for immediate lease, allowing for a swift and efficient start to your business operations. This is an exceptional opportunity to establish a thriving retail presence in a highly sought-after New York City location. The property's size and location make it an ideal investment for businesses seeking a strong foothold in the New York market. Serious inquiries are encouraged.

    Property Features for 1216 Broadway

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,100 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,100 SF

    HighLights

    • Lower level offers usable space.
    • High‑visibility corner lot in the Nomad neighborhood.
    • High foot traffic in a bustling retail area.
    • Excellent transit access: N, Q, R, W, B, D, F, M, 1, 2, 3 subway lines and Penn Station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Touchlab Software Company Hit4Biz Internet Marketing ... Internet Marketing Service Jewelry in Trend Jewelry Store Find Your Voice ... Life Coach The Links Guy Marketing Agency

    Suggested Use

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

    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
    -73.9882599
    Latitude
    40.7466005

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    FAQs

    What type of property is this?
    Retail property - 1,100 SF Retail Space - NYC
    Where is this retail property located?
    The property is located at 1216 Broadway New York, NY.
    What are key features of this property?
    This property features: Lower level offers usable space.; High-visibility corner lot in the Nomad neighborhood.; High foot traffic in a bustling retail area.
    Request Owner's contact information
    1216 Broadway New York, NY 10001
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    New York, NY 10001
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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
    1216 Broadway New York, NY 10001
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