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    47 Broadway New York, NY 10006-3023
    Property profile & analytics

    47 Broadway New York, NY 10006-3023


    • Retail residential properties
    • 27,640 SF
    • 0.12 lot acres
    Off-Market
    Last Sale Apr 8, 2022
    $12,250,000
    Property ID
    US63-3464034
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $11,255,000
    Show details
    Cap Rate Potential
    8.8%
    Retail residential properties
    Location Intelligence

    Current Use by 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

    Property Details for 47 Broadway

    Year built
    1900
    Lot size
    0.12 lot acres
    Property size
    27,640 SF
    Zone code
    C5-5
    Property type
    Retail residential properties
    APN
    00020-0012
    APU
    200012

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $10,060,000
      ML approach
      $8,165,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $14,685,000
      6.5%
      $13,555,000
      7%
      $12,585,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $17,655,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0132
    Latitude
    40.7067
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $276,070
    $747,000
    $1,912,590
    $2,659,590
    -
    $1,660,000
    $4,132,000
    $5,792,000
    More about this property
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