179 Broadway, New York, NY 10007-3101
This exceptional retail space at 179 East Broadway in New York City's vibrant Lower East Side offers a unique opportunity. Formerly an art gallery, this property boasts a total of 4054 square feet, divided between a 1894 square foot ground floor and a 2160 square foot lower level. The high ceilings, measuring 13.5 feet, create an airy and spacious atmosphere, perfect for a variety of retail uses. A significant advantage is the private 11ft x 53ft backyard, offering a rare amenity in this densely populated area. The space is in move-in ready condition, freshly painted and presented as a "white box," allowing for complete customization to suit your business needs. Property taxes are included in the monthly rent, simplifying budgeting. Located in the desirable Dimes Square neighborhood, directly across from Seward Park, this property benefits from high foot traffic and excellent visibility. The lease term is flexible, ranging from 5 to 10 years, providing long-term stability. Immediate possession is available. This is an exceptional opportunity to establish a thriving business in a prime Lower Manhattan location.
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Alexander DiJulio Art Gallery
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Marc179 Restaurant
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Pret A Manger Take-out & Catering
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MM Kitchen Studio Hotel & Motel Resort
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We Buy Gold Art Gallery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5-5 · New York, NYNew York. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.