Property profile

115 Broadway New York, NY 10006

OFF-MARKET
Office Spaces
5,000 SF
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Property summary

AI-generated overview

This exceptional 5,000-square-foot office space at 115 Broadway in New York City's prestigious Grand Central area offers a unique opportunity for businesses seeking a modern and efficient workspace. The property is currently fully vacant and available for immediate occupancy. The space is divisible into two 2,500-square-foot units, providing flexibility for various tenant needs. Each unit boasts a dramatic, open layout with high ceilings, exposed brick, and stunning architectural details. Features include multiple large offices, a dedicated conference room, private bathrooms, stylish exposed spiral ducts, hardwood floors, abundant natural light from numerous windows, and a convenient wet pantry. This "plug and play" space is ready for immediate move-in, minimizing setup time and maximizing productivity. Located in New York County, NY, 10006, this prime location offers unparalleled access to Grand Central Terminal and all the amenities of downtown Manhattan. The asking rate is $39 per square foot. This is an incredible opportunity to secure a state-of-the-art office space in a highly desirable location.

Property profile

Verified
Property type Office Spaces
Total area 5,000 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
  • Law Firm
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Medical Clinic
  • Film Production Television Studio
  • Law Firm

Location

115 Broadway New York, NY 10006
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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