1350 BroadwayNew York, NY 10018
- Office buildings
- 386,786 SF
Property Details for 1350 Broadway
- Year built
- 1928
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 386,786 SF
- Zone code
- C6-6
- Property type
- Office buildings
- APN
- 00811-0031
- APU
- 8110031
Description
This exceptional retail property, located at 1350 Broadway in the heart of New York City (zip code 10018, New York County), offers an unparalleled opportunity for businesses seeking a vibrant and high-traffic location. The building boasts a total of 46,309 square feet, with 11 available spaces ranging from a minimum of 459 square feet to a maximum contiguous space of 4,944 square feet. Currently, there is 19,408 square feet of vacant space ready for immediate occupancy, providing flexibility for various business needs and expansion plans. The property's multiple tenancy structure allows for a diverse mix of tenants, creating a dynamic and bustling atmosphere. Its strategic location on Broadway ensures high visibility and accessibility for customers, making it an ideal choice for retailers seeking maximum exposure. The property is classified as commercial retail space and is situated in a thriving commercial district within New York City. This is a rare opportunity to secure prime retail space in one of the world's most iconic cities. The property is easily accessible via various transportation options, catering to both employees and customers. Serious inquiries are encouraged to explore the possibilities this exceptional location offers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $72,473,600
- 6.5%
- $66,898,700
- 7%
- $62,120,200
-
Comparable approach
- Method
- Valuation
- Relative Method
- $50,537,500
- Geo Method
- $50,537,500
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $131,708,000
- Retail / Commercial
- $67,539,300
- Mixed-Use / Specialty
- $67,298,500
- Hospitality / Lodging
- $49,374,800
- Institutional / Educational
- $69,963,300
- Residential Income
- $81,857,100
- Multifamily
- $98,175,000
- Automotive / Energy
- $59,968,600
- Parking / Income-Based Land
- $20,694,400
- Restaurant / Food Service
- $35,002,500
- Healthcare / Senior Housing
- $69,013,400
Location Insight
- City
- New York
- County
- New York
- State
- New York
- Latitude
- 40.7509
- Longitude
- -73.9874
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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