Property profile

2431 Broadway New York, NY 10024

OFF-MARKET
Retail properties & Spaces
20,000 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 20,000 square foot commercial property, located at 2431 Broadway in New York, NY 10024, presents a unique opportunity for medical office tenants. Currently entirely vacant, this multi-tenant building offers two available spaces, each totaling 10,000 square feet. The property is classified as both retail and office space, making it highly versatile and suitable for a range of medical practices. Ceiling heights vary, offering 14' 9" and 10' 9" clearances, providing flexibility in design and layout. Situated in New York County, this property benefits from excellent visibility and accessibility within a thriving urban environment. The building's substantial size and complete vacancy provide an unparalleled chance to establish a significant medical presence in a prime Manhattan location. This is an exceptional opportunity to secure a large, well-located space in a highly desirable area. The property's zoning and specific permitted uses should be independently verified. Interested parties are encouraged to conduct their own due diligence.

Property profile

Verified
Property type Retail properties & Spaces
Total area 20,000 SF

Cap rate & NOI

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

Location

2431 Broadway New York, NY 10024
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2431 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message