Property profile

71 Broadway New York, NY 10006

OFF-MARKET
Retail properties & Spaces
2,427 SF
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Property summary

AI-generated overview

71 Broadway presents a unique opportunity for retail businesses seeking high-visibility space in the heart of New York City's financial district. This property, located at 71 Broadway in New York County, offers a total of 2,427 square feet of retail space, currently entirely vacant and available for lease. The building is comprised of two separate suites, providing flexibility for single or multiple tenants. A minimum of 167 square feet is divisible, allowing for smaller businesses to establish a presence, while a maximum of 2,260 contiguous square feet is available for larger operations requiring more expansive space. The address, 71 Broadway, boasts exceptional foot traffic and visibility, making it an ideal location for a variety of retail concepts. This prime location in the 10006 zip code offers unparalleled access to a dense population of professionals, residents, and tourists. The property's strategic placement within New York County ensures easy access to major transportation hubs, further enhancing its appeal to potential tenants. This is a rare opportunity to secure a highly desirable retail space in one of New York City's most sought-after locations. The entire 2,427 square feet is available for immediate occupancy, presenting a blank canvas for a creative and successful retail venture. Don't miss this chance to establish your business in a vibrant and dynamic environment.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,427 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Employment Agency
  • Interior Design Home Decor Store
  • Veterinary Clinic
  • Cafe & Coffee Shop

Location

71 Broadway New York, NY 10006
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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