414 W Broadway New York, NY 10012

Property Details for 414 W Broadway

Year built

1915

Lot size

0.05 lot acres

Property size

14,328 SF

Zone code

M1-5

Property type

Office buildings

APN

00196-0008

APU

1960008

Description

This stunning, newly renovated four-story mixed-use building at 414-416 West Broadway in SoHo, Manhattan offers an exceptional investment opportunity. Boasting 11,849 square feet on a 3,475 square foot lot, this property features seven units: six free-market residential units and one retail unit. All residential units are 100% occupied and boast luxury finishes including central air conditioning, in-unit washer/dryers, and Bosch appliances. The building includes an elevator and is conveniently located between Prince and Spring Streets, two of SoHo's most desirable retail corridors. Its prime location provides excellent access to public transportation, including multiple subway lines (1, 2, A, C, E, R, W, B, D, F, & M) and bus routes. The building benefits from its proximity to iconic shopping, world-class dining, and cultural attractions, ensuring consistent high foot traffic. The M1-5/R7X, SNX zoning permits a variety of uses. Built in 1900, this stabilized investment is poised for continued appreciation due to the strong demand and ongoing development in the thriving SoHo submarket. The property's features, including a roof terrace (though not explicitly stated as included in the sale, it is mentioned in the marketing materials), contribute to its high desirability and strong rental income. This is a rare chance to acquire a cash-flowing asset in one of New York City's most coveted neighborhoods.