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    Property profile & analytics
    OFF-MARKET Estimated value $1,445,000
    Office Spaces

    598 Broadway, New York, NY 10012-3351

    64,120 SF 0.13 ac lot Built 1901
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-3230335
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1901
    Total area 64,120 SF
    Lot 0.13 ac (5,700 SF)
    Zoning code M15R9X
    APN 00511-0015
    UPID US63-3230335
    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
    • Elmwood (New York) Marketing & Advertising (Bike/Boat/Book/etc) Store
    • Boa Construction Group Ltd Construction Company General Contractor
    • Bull By The Horns Fitness Gym & Fitness Center
    • Modern IDENTITY Marketing & Advertising Advertising Agency
    • Ace Inq Employment Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.45M
    Owner & transaction history
    598 BWAY RLTY ASSOCINC
    598 BWAY RLTY ASSOCINC
    Zoning & alternative use
    M15R9X · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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