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    1162 Broadway New York, NY 10001

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    For Lease
    Contact for pricing

    Two Suites, 900 SF Each, NYC

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents two contiguous, 900-square-foot spaces totaling 1,800 square feet at the prestigious 1162 Broadway address in New York City's vibrant Manhattan. Located in New York County, this single-story commercial property offers immediate occupancy with 100% vacancy. Each suite is independently accessible, providing flexibility for a variety of retail uses. The building's prominent location on Broadway ensures high visibility and foot traffic, making it ideal for businesses seeking maximum exposure. The property's convenient location within the 10001 zip code offers easy access to public transportation and a dense population base. This is a rare chance to secure a prime retail space in one of New York City's most sought-after locations. The minimum leasable space is 900 square feet, with a maximum contiguous space of 900 square feet. The building is a thirteen-story structure, although the retail space is located on a single floor. This presents a unique opportunity for businesses looking to establish a strong presence in a high-traffic area of Manhattan. The property is currently entirely vacant, offering immediate occupancy for the successful tenant. Serious inquiries are encouraged to explore this exceptional retail opportunity.

    Property Features for 1162 Broadway

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF

    Building Details

    Stories
    13

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    900 SF
    Space
    Lower Level
    Size
    900 SF

    HighLights

    • 1,800 SF of contiguous retail space available at 1162 Broadway, Manhattan.
    • Located in the NoMad district, near Madison Square Park and the Flatiron Building.
    • Excellent visibility and high foot traffic on Broadway.
    • Convenient access to N, R, and W subway lines.
    • Immediate occupancy available.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -73.9884934
    Latitude
    40.7446699

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    FAQs

    What type of property is this?
    Retail property - Two Suites, 900 SF Each, NYC
    Where is this retail property located?
    The property is located at 1162 Broadway New York, NY.
    What are key features of this property?
    This property features: 1,800 SF of contiguous retail space available at 1162 Broadway, Manhattan.; Located in the NoMad district, near Madison Square Park and the Flatiron Building.; Excellent visibility and high foot traffic on Broadway.
    Request Owner's contact information
    1162 Broadway 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
    1162 Broadway New York, NY 10001
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