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Times Square Retail Opportunity
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1606 Broadway, New York, NY 10019

Prime retail space in the heart of Times Square.

Space Size2,817 SF - 4,414 SF
Property Size7,231 SF
Days on Market1000

Property Features for 1606 Broadway

General Information

Standard status Active
Size 2,817 SF - 4,414 SF
Property subtype Retail

Building Details

Building Size 7,231 SF
Tenancy Multiple

Spaces For Lease

at 1606 Broadway Contact us

Ground Floor

Size
2,817 SF
Type
Retail
Availability
Active
Contact us

Retail Lower Level

Size
4,414 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Isa Realty Group
Listed By: Joseph Isa · License #NY
Source: Crexi
Added: Nov 29, 2023 Changed: Aug 8 Last Checked: Aug 24 at 8:44AM

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 Isa Realty Group

Investment Insights

Based on property information with market context.

This retail space, located in Times Square, offers a unique branding opportunity in a high-traffic area. The property features over 7200 square feet of retail space. It benefits from a 24/7/365 location with approximately 120 feet of frontage wrapping around Broadway and West 49th Street. The property includes two large awnings that can be converted to LED signage, as well as opportunities to combine multiple billboards.

Key Highlights

  • Unparalleled brand visibility in Times Square.
  • 24/7/365 location.
  • Over 7200 SF of retail space.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Adult Day Care Clothing & Fashion Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

73,599
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$50.31 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,524 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space in the heart of Times Square.
Where is this retail space located?
The property is located at 1606 Broadway New York, NY.
What are key features of this property?
This property features: Unparalleled brand visibility in Times Square.; 24/7/365 location.; Over 7200 SF of retail space.
(212) 689-0099 Call to check price and availability
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