Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    741 Broadway Newark, NJ 10003

    • Retail properties
    • 866 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Newark Community Health Centers / Medical Clinic / Community Health Centre
    • Dr. Mina H. Sawires, DDS / Dentist
    • Guo Estella DDS / Dentist
    • Powell Carole A / Physical Therapist
    • Dr. Rumanatha Moody, MD / Internist

    Property Details for 741 Broadway

    Property size
    866 SF
    Property type
    Retail properties

    Description

    This exceptional 866-square-foot retail space presents a unique opportunity in the vibrant NoHo neighborhood. Located in Essex County, this single-tenant property offers unparalleled visibility and accessibility. Its prime location is just steps from the prestigious New York University campus, ensuring high foot traffic and a captive audience of students, faculty, and local residents. The space boasts excellent visibility from Astor Place, a bustling intersection known for its pedestrian activity and iconic landmark. The storefront offers significant branding potential, allowing for maximum exposure and brand recognition. Adding to its convenience, the property is situated within easy walking distance of the 6 and R/W subway lines, providing convenient access for customers and employees alike. The space is currently vacant and ready for immediate occupancy. Importantly, food-related businesses are permitted, opening up a wide range of possibilities for prospective tenants. This is an exceptional opportunity to establish a thriving business in a highly desirable and densely populated area with excellent transit connections. The property's size and location make it ideal for a variety of retail concepts, from boutiques and cafes to service-oriented businesses. Don't miss this chance to secure a prime retail space in one of Manhattan's most sought-after neighborhoods.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1546
    Latitude
    40.7811
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    741 Broadway
    Newark, NJ 10003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.