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1657 Broadway - Leasehold Opportunity Local commercial | 9 471 m² | À vendre | New York, NY 10019
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Informations principales sur l'investissement
- 100% Occupied Leasehold Position
- Supported by a stable roster of national tenants generating consistent long-term income secured by lengthy lease commitments.
- Connected to one of the city’s strongest transportation networks with immediate access to multiple subway lines.
- Situated along a globally recognized retail avenue offering nonstop foot traffic and unmatched brand exposure.
- Surrounded by premier hotels, entertainment venues, and cultural anchors that sustain high visitation throughout the year.
- Enhanced by exceptional frontage along three major corridors that create unparalleled street-level visibility.
Résumé analytique
1657 Broadway presents a rare opportunity to acquire a premier, fully occupied retail and office asset positioned at one of Manhattan’s most iconic intersections. Located between West 51st and West 52nd Streets, the property occupies a commanding presence along Broadway, surrounded by the energy, tourism, and commercial density that define the Times Square district. This corridor remains one of the most trafficked pedestrian environments in the country, attracting millions of visitors each year and offering exceptional visibility for national brands.
Informations sur l’immeuble
| Surface totale de l’immeuble | 18 116 m² | Étages | 30 |
| Type de bien | Services hôteliers (Lot en copropriété) | Surface type par étage | 2 023 m² |
| Sous-type de bien | Hôtel | Année de construction | 1984 |
| Classe d’immeuble | B | Surface du lot | 0,2 ha |
| Zonage | C6-7.5 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Surface totale de l’immeuble | 18 116 m² |
| Type de bien | Services hôteliers (Lot en copropriété) |
| Sous-type de bien | Hôtel |
| Classe d’immeuble | B |
| Étages | 30 |
| Surface type par étage | 2 023 m² |
| Année de construction | 1984 |
| Surface du lot | 0,2 ha |
| Zonage | C6-7.5 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
Caractéristiques
- Centre d’affaires
- Centre de fitness
- Restaurant
- Accès internet à haut débit
- Patio
- Bar sur place
- Espace pour événements de rencontre
- Accès Wi-Fi public
Chambre informations sur la combinaison
| Description | Nb de chambres | Tarif journalier | m² |
|---|---|---|---|
| Guest Room | 480 | 333,07 € | - |
1 Lot disponible
Lot 1657 Full 1st Floor
| Surface du lot | 9 471 m² | RNE | 334 793,55 € |
| Usage du lot en coprop. | Local commercial | Conditions de vente | Emphytéose |
| Type de vente | Investissement |
| Surface du lot | 9 471 m² |
| Usage du lot en coprop. | Local commercial |
| Type de vente | Investissement |
| RNE | 334 793,55 € |
| Conditions de vente | Emphytéose |
Description
The property is anchored by long-standing, investment-grade tenancy, including Duane Reade and McDonald’s, both of which generate strong in-place rents and contribute to a weighted average lease term of 39.4 years. Times Square Church occupies a significant portion of the upper-level office space, providing further income stability through its long operational history at the location. Additional tenancy from the M Social Hotel’s lobby space underscores the asset’s durable and diversified rent roll.
Notes sur la vente
Katz & Associates, as exclusive advisor to Ownership, is pleased to present the opportunity to acquire a partial interest in the leasehold position in the retail
property located at 1657 Broadway (the “Property” or the “Offering”), a premier retail asset situated in the heart of Midtown Manhattan.
The asset is comprised of nearly 102,000 Net Rentable SF of prime retail space and is 100% leased to multiple long-standing national tenants. With an incredible weighted average lease term (WALT) of 39.4 years, the Property provides a stable and diversified income stream, reinforced by the high-credit quality of major tenants including Duane Reade and McDonald’s. Additionally,
the space boasts over 300’ of premium ground and second floor wraparound frontage along Broadway, one of the city’s most trafficked commercial avenues.
Présenté par
1657 Broadway - Leasehold Opportunity
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