Property profile

47 Broadway New York, NY 10006

OFF-MARKET
Retail residential properties
Property ID
US63-3464034
27,640 SF 0.12 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Alternative Medicine Practice Spa & Massage Center
  • Immigration & Naturalization Service
  • Dental Office

Location

47 Broadway New York, NY 10006-3023
New York metro Census 1300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.17M
CAP Approach CAP
$13.56M
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.06M

Owner & transaction history

since 2022
Last sale
$12.3M
4 recorded transactions
2022
$12.3M
2014
$6.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C5-5 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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