535 BroadwayNew York, NY 10012

Property Details for 535 Broadway

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

11,875 SF

Zone code

M15R9X

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

00498-0021

APU

4980021

Description

This remarkable 14,225 square foot mixed-use building at 535 Broadway, built in 1852, presents a unique investment opportunity in the heart of SoHo's historic cast-iron district. Located between Spring and Prince Streets, this property boasts 25 feet of frontage on Broadway, offering exceptional visibility. The ground floor features impressive 12-foot ceilings and mullion-free windows, a rare find in SoHo, ideal for retail tenants. Currently occupied by Pop Mart, a publicly traded global retailer with significant expansion plans, this property benefits from strong co-tenancy with numerous high-profile brands including Prada, Bloomingdale's, and Nike. The upper floors comprise spacious loft-like units, offering potential for value-add improvements or conversion to luxury condominiums. The building's prime location provides easy access to public transportation, with the Broadway-Lafayette Street subway station (B, D, F, M, and 6 trains) nearby, and the R and W trains just a block away. This property is offered at $26,500,000, representing a price per square foot of $1,862.92. The building's unique features, strong tenant, and unparalleled location make it an exceptional investment opportunity in one of Manhattan's most desirable neighborhoods.

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7234

Longitude

-73.9989

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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