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    Property profile & analytics

    598 Broadway New York, NY 10012-3351

    • Office Properties & Spaces
    • 64,120 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3230335
    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.

    Current Use by Public Records

    • Elmwood (New York) / Design Agency
    • Boa Construction Group Ltd / General Contractor
    • Bull By The Horns Fitness / Personal Trainer
    • Modern IDENTITY / Graphic Designer / Advertising Agency
    • Ace Inq / Employment Agency

    Property Details for 598 Broadway

    Year built
    1901
    Lot size
    0.13 lot acres
    Property size
    64,120 SF
    Zone code
    M15R9X
    Property type
    Office Properties & Spaces
    APN
    00511-0015
    APU
    5110015

    Description

    This exceptional 3,000-square-foot executive office suite presents a remarkable opportunity in the heart of Soho, at the bustling intersection of Broadway and Houston. Located on the second floor, this single-tenant space boasts a brand-new renovation, showcasing soaring 15-foot ceilings, expansive windows flooding the space with natural light, and beautiful hardwood floors. The open layout offers unparalleled flexibility, allowing for customization to perfectly suit diverse business needs, whether retail, office, showroom, or fitness. Architectural details add character and charm to this dramatic space, ideal for businesses seeking a dynamic and exciting presence in one of Manhattan's most vibrant neighborhoods. The building itself features a modern, fully attended lobby, providing a professional and welcoming environment for clients and employees. The asking price of $40 per square foot represents an exceptional value for this prime Soho location, making it an unparalleled opportunity for discerning businesses. This property is situated in New York County and is classified as retail and office space. The space is currently vacant and ready for immediate occupancy.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9966
    Latitude
    40.7249
    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
    $1,058,427
    $1,282,500
    $8,710,200
    $9,992,700
    -
    $2,850,000
    $22,140,000
    $24,990,000

    Comparable in this City

    • Value Estimation by Request
      39,658 SF

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      598 Broadway .

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      2,919 SF

      199 Mott St, Unit CA

      CONDOMINIUM OFFICES • 2,919 SF
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      $1,920,000
      1,910 SF

      82 3rd St, Unit 2

      CONDOMINIUM OFFICES • 1,910 SF
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      View Details
    • Value Estimation by Request
      5,500 SF

      598 Broadway New York

      Office space • 5,500 SF
      598 Broadway New York, New York, NY 10012
      View Details
    • Value Estimation
      $280,000
      1,765 SF

      363 Lafayette St, Unit 2

      CONDOMINIUM OFFICES • 1,765 SF
      363 Lafayette St, New York, NY 10012-2719
      View Details

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    Similar Nearby for Lease

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      199 Lafayette St, Unit 3rd floor

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      2,979 SF

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    New York, NY 10012-3351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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