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738 BROADWAY, NEW YORK, NY
738 Broadway , New York, NY 10003
- For Sale Contact for pricing
- Property Type Retail
- Year Built 2014
- Date Updated May 28, 2022
- Website 738broadway.sharplaunch.com
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- City New York, NY
- Neighborhood NoHo
- Zip Code 10003
- Market Manhattan
- OUTSTANDING FOOT TRAFFIC Pedestrians are funneled past the Property as they travel between Washington Square Park/NYU and Astor Place/St. Marks Place/East Village, delivering exceptional retail exposure.
- ADJACENT SUBWAY ENTRANCE An entrance to the popular Eighth Street-NYU subway station is located immediately outside of the Property, with the storefronts main display window above the subways entrance stairs.
- PREMIUM INSTALLATION The Propertys bi-level 3,877 square foot storefront has been beautifully built out, with polished concrete floors, back-lit displays, and a signature glass-enclosed elevator servicing the lower level.
- HIGH CEILINGS The appeal of the selling space is enhanced by the 15-foot ceilings on the ground floor and unusually generous 18-foot ceilings on the lower level.
- POWERFUL DEMAND DRIVERS The Property enjoys outstanding captive demand from NoHos wealthy residents, international and domestic tourists, and the growing number of young creative professionals working in the district.
- NEW YORK UNIVERSITY The storefront is located across Broadway from the massive NYU campus, with 60,000 staff and students delivering strong shopping demand.
- LOW TAXES The Property is classed 2C for real estate tax purposes, limiting future tax increases to the benefit of ownership -- current real estate taxes of just $28,321 per year.
- OWNER/OCCUPIER OPPORTUNITY The Property has the location, quality, and size to support purchase by an owner/occupier wishing to take advantage of the many benefits of commercial condominium ownership.
- LEASEBACK POTENTIAL Current owner/occupier Inokim is willing to lease back the unit on a short-term basis to cover carrying costs while new ownerships plans are enacted.
- MANAGEABLE LEVEL OF CAPITAL INVESTMENT Very rare opportunity to acquire a prime NoHo commercial asset at a seven-figure purchase price welcoming to both users and investors.
Frequently Asked Questions
What is the total square footage of 738 BROADWAY, NEW YORK, NY?
738 BROADWAY, NEW YORK, NY totals 3,877 square feet.
When was this property built?
738 BROADWAY, NEW YORK, NY was built in 2014.
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