140 BroadwayNew York, NY 10005

Property Details for 140 Broadway

Year built

1967

Lot size

1.21 AC

Property size (Sq ft)

1,141,276 SF

Zone code

C5-5

Property type

Office buildings

APN

00048-0001

APU

480001

Description

This Class A, 23,976 square foot office building at 140 Broadway, located on the 46th floor in New York County, NY 10005, offers a variety of flexible workspace solutions. The building boasts 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. The property underwent renovations in 2019 and features elevators for convenient access. Tenancy is multiple, catering to diverse business needs, from executive offices and coworking spaces to creative and traditional office setups. Enjoy breathtaking harbor views, including the Statue of Liberty, from floor-to-ceiling windows that maximize natural light. The building also offers outdoor terrace and lounge areas perfect for informal meetings, providing stunning New York City skyline views. This prime location in the heart of New York City's financial district provides easy access to a wide array of upscale restaurants, ideal for client entertainment. This exceptional property presents a unique opportunity to establish a presence in one of Manhattan's most sought-after addresses.

• CAP approach

  CAP return

  Valuation

  6%

  $188,687,008

  6.5%

  $174,172,624

  7%

  $161,731,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $149,119,120

  Geo Method

  $149,119,120

• Alternative Use

  Use

  Valuation

  Residential

  $215,974,064

  Hospitality

  $197,831,072

  Educational

  $164,593,136

  Medical

  $170,253,744

  Retail

  $256,033,760

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7087

Longitude

-74.0101

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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