Broadway New York, NY 10012
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 0 Broadway
- Property type
- Mixed-use properties
Description
This stunning six-story Neo Cast Iron building, located in the prime Broadway shopping district near Prince Street, presents a rare investment opportunity. The property boasts a coveted SoHo location on a 25 x 200 foot lot, extending from Mercer Street through to Broadway. The building's architectural details are exceptional, featuring 18-foot ceilings throughout. The mixed-use zoning (M1-5B) allows for a variety of uses. The current configuration includes approximately 7,900 square feet of residential space, with an average unit size of 1,975 square feet, and 5,000 square feet of retail space. Additionally, there is 16,686 square feet of storage space. The Commercial FAR is 5, the Facility FAR is 6.5, and the FAR as built is 5.92. The allowed usable floor area is 25,000 square feet, while the as-built usable floor area is 29,600 square feet, resulting in 4,600 square feet of unused FAR, representing significant air rights and upside potential. This exceptional property offers a unique blend of historical charm and modern adaptability, making it an ideal investment for discerning buyers. Further details are available upon execution of a Non-Disclosure Agreement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9966
- Latitude
- 40.7256
