Property profile

1149 Broadway New York, NY 10001

FOR LEASE
Office buildings
Property ID
US63-2417630
4,073 SF 0.03 ac lot Built 1900
Entity Owned 25-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional NoMad office property, located at 1149 Broadway between 26th and 27th Streets in New York County, NY 10001, offers two available spaces, each spanning 800 square feet. Situated in a four-story building constructed in 1900 and renovated in 2003, this property boasts a total building area of 4,073 square feet on a 1,291 square foot lot. The building features a 3.15 FAR and benefits from a convenient location near major subway and bus lines. Each space includes its own separate building entrance, elevator, staircase, and bathrooms. The high ceilings, measuring 51 feet, contribute to a spacious and impressive atmosphere. This M1-6, 8d zoned property is ideally positioned in the vibrant NoMad submarket, offering excellent foot and driving traffic. Nearby landmarks include Madison Square Park, the PATH station, Penn Station, the Ritz Carlton, and The Smith restaurant, enhancing the property's desirability and accessibility. The asking rent for each 800 square foot space is $5,000 per month. This is a rare opportunity to secure prime office space in a highly sought-after New York City location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1900
Total area 4,073 SF
Lot 0.03 ac (1,291 SF)
Zoning code M1-6
APN 00828-0029
UPID US63-2417630

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
  • Barber Shop
  • Big Box & Wholesale Store
  • Atm
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

1149 Broadway New York, NY 10001
New York metro Census 5800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$285k

Owner & transaction history

since 2001
1 recorded transaction
2001
Price N/A

Zoning & alternative use

M1-6 · New York, NY

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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