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    Property profile & analytics
    OFF-MARKET Estimated value $11,255,000
    Retail residential properties

    47 Broadway, New York, NY 10006-3023

    27,640 SF 0.12 ac lot Built 1900
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-3464034
    Property summary
    AI-generated overview

    This exceptional retail space at 47 Broadway in New York City's vibrant Financial District offers a unique opportunity for a discerning tenant. The 4,600 square foot property boasts a fully vented and built-out restaurant space, ready for immediate occupancy. The single-tenant space features a striking double-height glass storefront with a large blade sign, ensuring high visibility and attracting significant foot traffic. The building offers convenient access to multiple subway lines, including the J, Z, 4, 5, 1, 2, 3, and R trains, providing unparalleled accessibility for both employees and customers. The space is configured across multiple levels, including a ground floor, second floor, and lower level, offering flexibility for various layouts and operational needs. The ground floor comprises approximately 1,650 square feet, while the second floor offers an additional 4,950 square feet. A lower level of 3,679 square feet provides ample storage or additional functional space. The property also benefits from a convenient block-through access to Trinity Place. The landlord will consider logical divisions of the space to accommodate specific tenant requirements. With an approximate 75-foot frontage and approximately 18-foot ceiling height, this property presents a rare combination of size, location, and amenities, making it an ideal location for a variety of retail concepts. The property is currently vacant and available for immediate possession.

    Property profile
    Verified
    Property type Retail residential properties
    Use group STORES & APARTMENTS
    Year built 1900
    Total area 27,640 SF
    Lot 0.12 ac (5,122 SF)
    Zoning code C5-5
    APN 00020-0012
    UPID US63-3464034
    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
    • Yung-sun Restaurant
    • Golden Mall Restaurant
    • Yue Yue Spa Alternative Medicine Practice Spa & Massage Center
    • Brilliant Immigration Services Immigration & Naturalization Service
    • Dental Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.17M
    CAP Approach CAP
    $13.56M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $11.26M
    Owner & transaction history
    47 Broadway Ny LLC · 4 yrs held
    47 Broadway Ny LLC
    since 2022
    Last sale
    $12.3M
    4 recorded transactions
    2022
    $12.3M
    2014
    $6.7M
    1969
    1969
    Zoning & alternative use
    C5-5 · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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