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    870 Broadway New York, NY 10003-1243
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    Property profile & analytics

    870 Broadway New York, NY 10003-1243


    • Retail residential properties
    • 8,098 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US63-2175590
    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.

    Value Estimations
    $3,935,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail residential properties

    Property Details for 870 Broadway

    Year built
    1910
    Lot size
    0.06 lot acres
    Property size
    8,098 SF
    Zone code
    M15M
    Property type
    Retail residential properties
    APN
    00846-0054
    APU
    8460054

    Description

    870 Broadway offers an exceptional retail opportunity in the heart of Manhattan's vibrant Union Square submarket. Two contiguous spaces totaling 4,000 square feet are available, with options for a single 2,000 square foot ground floor space and a matching 2,000 square foot lower level. The lower level space features walk-in boxes and existing ventilation, ideal for a variety of dry uses. The property boasts a prime location on a highly trafficked block, directly benefiting from the immense foot traffic generated by the Union Square Farmers Market, averaging over 250,000 weekly visitors. This exceptional location is further enhanced by its proximity to a diverse range of established businesses, including Paragon Sports, ABC Home, Verizon, Scotch & Soda, Dr. Martens, Venchi Chocolate, and Chipotle. The building is situated at 870 Broadway, between 17th and 18th Streets, in New York County, NY 10003. This presents a unique chance to establish a presence in one of Manhattan's most sought-after retail destinations. The total building encompasses 4,000 square feet, with the available space offering significant potential for a variety of retail concepts. The landlord prefers a dry use for the space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,300,000
      6.5%
      $3,970,000
      7%
      $3,685,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9899
    Latitude
    40.7375
    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
    $243,275
    $1,062,000
    $1,234,780
    $2,296,780
    -
    $2,360,000
    $3,097,000
    $5,457,000
    More about this property
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