Financial
Distress signals
Property profile

535 Broadway Unit 3RD 3rd New York, NY 10012

FOR LEASE
Retail residential properties
Property ID
US63-1502512
11,875 SF 0.06 ac lot Built 1900
Last sale Feb 2026 · $22,010,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This remarkable 14,225 square foot mixed-use building at 535 Broadway, built in 1852, presents a unique investment opportunity in the heart of SoHo's historic cast-iron district. Located between Spring and Prince Streets, this property boasts 25 feet of frontage on Broadway, offering exceptional visibility. The ground floor features impressive 12-foot ceilings and mullion-free windows, a rare find in SoHo, ideal for retail tenants. Currently occupied by Pop Mart, a publicly traded global

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$359k
Tax billed · 2024
Assessed value$3.68M
Assessed land$1.69M
Assessed improvement$1.99M
Effective rate9.76%

Value estimate

· Sep 2026
$18.50M
$16.65M – $20.34M
Sales comparison$17.26M
NOI build-up
Gross scheduled income$154k
Vacancy & credit loss−$29k
Operating expenses−$31k
NOI · 130,469.44% cap applied$94k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,026/SF
ZIP average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$613 – $1,453
Qualifying comparables10

Cap rate analysis

How does the asset earn?
130,469.44%
$94k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M15R9X
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility19.0
Nursing Home17.2
Pet Grooming Service5.2

Location

535 Broadway Unit 3RD, Unit 3rd New York, NY 10012
County assessor Recorded deeds · 14 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
159 Prince, New York, NY 10012-5321 $18,000,000 Jan 2026 9,634 SF
200 Mott, New York, NY 10012-4543 $7,550,000 May 2025 12,000 SF
102 Greene, New York, NY 10012-3822 $46,000,000 Nov 2024 10,139 SF
173-175 Spg, New York, NY 10012 $21,000,000 Mar 2024 13,816 SF
75-77 Thompson, New York, NY 10012 $10,000,000 Jan 2024 13,416 SF
52 Spg, New York, NY 10012-5732 $5,950,000 Jan 2024 9,890 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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