Property profile

1606 Broadway New York, NY 10019

OFF-MARKET
Retail properties & Spaces
7,231 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents over 7,231 square feet of vacant space in the heart of Times Square, New York County. The property boasts an unparalleled location with a 120-foot frontage wrapping around Broadway and West 49th Street, ensuring maximum brand visibility in one of the world's busiest commercial districts. The space is available as a whole (7,231 sq ft) or divisible into units ranging from a minimum of 2,817 sq ft to a maximum contiguous space of 4,414 sq ft, offering flexibility for various business needs. This high-traffic, 24/7 location provides unmatched exposure to millions of pedestrians and tourists annually. The property features two large awnings, easily convertible to LED signage, and additional opportunities for multiple billboard placements, maximizing advertising potential. This is a rare chance to establish a flagship presence in the iconic Times Square, benefiting from its vibrant atmosphere and unparalleled foot traffic. The property is classified as Commercial Retail with multiple tenancy options. Seize this unique opportunity to secure a prominent retail space in the world's most dynamic commercial hub.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,231 SF

Cap rate & NOI

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

Location

1606 Broadway New York, NY 10019
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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