Property profile

808 Broadway New York, NY 10003

OFF-MARKET
Retail properties & Spaces
25,498 SF
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Property summary

AI-generated overview

This exceptional retail condominium opportunity in Manhattan's NoHo neighborhood offers 25,498 square feet across two addresses: 808 Broadway and 108-110 4th Avenue. The property boasts a unique block-through positioning with storefronts on both Broadway and 4th Avenue, maximizing visibility and foot traffic. Currently, the space is 9% occupied, presenting significant rent upside potential. The existing tenant at 808 Broadway is under a short-term, below-market lease, providing immediate cash flow to cover carrying costs. The property features high ceilings (14-16 feet) and over 15,000 square feet of lower-level storage space. Its desirable location, near Union Square, Greenwich Village, and numerous subway lines (4/5/6, N/Q/R/W, F, and L), ensures high traffic and demand. The surrounding area includes popular retail destinations such as Wegman's, Flight Club, Target, and Whole Foods, along with luxury residential and office buildings. Assumable financing is available, making this a compelling investment opportunity with substantial upside potential. The property is situated in a wealthy neighborhood known for its high concentration of affluent residents and celebrities.

Property profile

Verified
Property type Retail properties & Spaces
Total area 25,498 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
  • Film Production Television Studio
  • Film Production Television Studio
  • Art Gallery

Location

808 Broadway New York, NY 10003
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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