11 BroadwayNew York, NY 10004

Property Details for 11 Broadway

Year built

1900

Lot size

0.66 AC

Property size (Sq ft)

434,220 SF

Zone code

C5-5

Property type

Office properties

Property subtype

Office buildings

APN

00013-0005

APU

130005

Description

11 Broadway offers an unparalleled opportunity to lease prime commercial office space in the heart of Lower Manhattan. This historic building, boasting iconic Art Deco architecture, provides a prestigious address within a vibrant and dynamic business environment. The property totals 206,245 square feet spread across 22 stories, offering a range of flexible floor plans to accommodate various business needs. Units are available from a minimum of 185 square feet to a maximum contiguous space of 25,185 square feet, with a total of 39 spaces currently available. The building's location provides seamless access to major transportation hubs, ensuring convenient commutes for employees and clients. Furthermore, the surrounding area offers a wealth of dining, retail, and cultural attractions, enhancing the overall work experience. This is a multi-tenant building with a variety of office and retail spaces, making it ideal for businesses of all sizes seeking a prominent presence in New York City. The entire 206,245 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants to occupy this landmark property in New York County. Modern amenities are designed to meet the diverse needs of today's businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $71,789,536

  6.5%

  $66,267,264

  7%

  $61,533,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $56,735,184

  Geo Method

  $56,735,184

• Alternative Use

  Use

  Valuation

  Residential

  $82,171,408

  Hospitality

  $75,268,568

  Educational

  $62,622,564

  Medical

  $64,776,252

  Retail

  $97,412,880

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7053

Longitude

-74.0143

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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