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    Property profile & analytics
    OFF-MARKET Estimated value $2,475,000
    Investment properties

    179 Broadway, New York, NY 10007-3101

    13,820 SF 0.06 ac lot Built 1920
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-0852498
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1920
    Total area 13,820 SF
    Lot 0.06 ac (2,520 SF)
    Zoning code C5-5
    APN 00063-0018
    UPID US63-0852498
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Alexander DiJulio Art Gallery
    • Marc179 Restaurant
    • Pret A Manger Take-out & Catering
    • MM Kitchen Studio Hotel & Motel Resort
    • We Buy Gold Art Gallery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.48M
    Owner & transaction history
    LRC179 BROADWAY, LLC · 1 yrs held
    LRC179 BROADWAY, LLC
    since 2025
    Last sale
    $2.5M
    1 recorded transaction
    2025
    $2.5M
    Zoning & alternative use
    C5-5 · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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