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    480 Broadway New York, NY 10013

    • Investment properties
    • 5,806 SF
    • 0.04 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    May 24, 2023
    Location Intelligence
    Property ID
    US63-3754710
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Le Soleil Nail Spa / Nail Salon
    • Invest Clothing Corporation / Clothing Store
    • Quickbooks Pro Customer Service NY / Accounting Firm

    Property Details for 480 Broadway

    Year built
    1900
    Lot size
    0.04 lot acres
    Property size
    5,806 SF
    Zone code
    M15R7X
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    00516-0025
    APU
    5160025

    Description

    This exceptional retail opportunity presents three available suites within a 24,687 square foot freestanding building located at 480 Broadway in New York City's vibrant downtown area. The property boasts a highly visible street-level presence, ideal for businesses seeking maximum exposure. Currently, the entire building, totaling 24,687 square feet, is available for lease. Individual suites range in size from a minimum of 6,934 square feet to a maximum contiguous space of 10,103 square feet, offering flexibility for various retail concepts. The building's multiple suite configuration allows for potential expansion or division to accommodate specific business needs. Situated in New York County, with a 10013 zip code, this location benefits from high foot traffic and proximity to numerous amenities and transportation options. This is a rare chance to secure a prominent retail space in one of Manhattan's most sought-after locations. The property is currently vacant, providing a blank canvas for a new tenant to create a unique and impactful retail presence. This prime retail space offers unparalleled potential for growth and success in a dynamic and bustling urban environment. Contact us today to learn more about this exceptional leasing opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0003
    Latitude
    40.7268
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $68,626
    $29,827
    $519,092
    $548,919
    -
    $458,000
    $7,970,800
    $8,428,800

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    480 Broadway
    New York, NY 10013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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