Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $95,095,000
    Office buildings

    50 Broadway, New York, NY 10004-1607

    300,676 SF 0.31 ac lot Built 1927
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US63-3588835
    Property summary
    AI-generated overview

    This exceptional restaurant opportunity is located at 50 E Broadway, New York, NY 10002, situated in the vibrant Lower East Side, Dime Square, and Chinatown submarket, near Catherine Street. The property features a 10,000 square foot building on a single lot. The main level offers approximately 3,300 square feet of restaurant space, ideal for a variety of culinary concepts. A significant 1,700 square foot basement provides additional prep kitchen space and ample storage. Furthermore, there's an additional 1,400 square feet of commercial space available on the second floor. The property is equipped with gas and is vented for restaurant use. All bakery equipment, including three walk-in refrigerators located in the basement, is available for purchase. The property is currently listed at $9,800 per month plus a percentage of property taxes, with all terms negotiable. The building has no designated parking spaces. Property taxes are $1 per square foot. The property is serviced by electric and gas utilities. This is a single-tenant property. This thriving area presents a unique investment opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1927
    Total area 300,676 SF
    Lot 0.31 ac (13,323 SF)
    Zoning code C5-5
    APN 00022-0024
    UPID US63-3588835
    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
    • Collaborative Arts Project 21 College Performing Arts Theater
    • XChangeSpaces event, conference and training space rentals Conference Center Trade Show Venue
    • Classic Transportation Inc Trucking Company
    • Delmas Trucking Company
    • The Ashley Law Firm Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $95.10M
    Owner & transaction history
    50 Broadway Realty Corp · 9 yrs held
    50 Broadway Realty Corp
    since 2017
    2 recorded transactions
    2017
    2011
    Zoning & alternative use
    C5-5 · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 50 Broadway?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message