25 Broad StNew York, NY 10004

Property Details for 25 Broad St

Year built

1900

Property size (Sq ft)

2,216 SF

Zone code

C5-5

Property type

Retail space

APN

00025-1002

APU

251002

Description

This exceptional 3,755-square-foot retail condominium at 25 Broad Street in New York City's Financial District presents a remarkable investment opportunity. Located in a high-traffic area, this property boasts a prime location with excellent visibility and accessibility. Previously occupied by a high-end clothing retailer, the space is currently vacant and ready for immediate occupancy, minimizing upfront renovation costs. The unit is comprised of ground-level and mezzanine space, offering versatile layout options for a variety of retail uses. The asking price is $3,525,000, translating to a price per square foot of $938.75. The property's convenient location offers easy access to multiple subway lines, including the Rector Street, Wall Street, and Broad Street stations, all within a four-minute walk. This location benefits from proximity to prestigious neighboring businesses such as Hermes, Tiffany & Co., and Cipriani, ensuring high foot traffic and brand synergy. The property is a single unit within a single building, identified by APN 25-1003. This turnkey retail space is ideal for owner-occupancy or an investor seeking a strong return in a highly desirable Manhattan submarket. The property is a retail condo, offering the benefits of ownership without the responsibilities of managing a larger building.

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7059

Longitude

-74.0108

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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