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738 Broadway Local commercial | 360 m² | 4 306 900 € | À vendre | New York, NY 10003
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Prime Broadway retail directly across from NYU with constant student-driven foot traffic.
- Tenant investing significant capital into buildout demonstrating long-term commitment.
- Recently executed 10-year net lease with approximately 3% annual rent increases.
- Approximately 25 feet of frontage with ~15-foot ceiling heights.
Résumé analytique
The storefront’s location along the east side of Broadway between Astor Place and Waverly Place enjoys truly exceptional visibility and foot traffic, with an entrance into the Eighth Street-NYU subway station immediately outside the Property. Strong year-round retail demand is delivered by NoHo’s wealthy residents, tourists, TAMI office workers, and NYU students.
1 Lot disponible
- Lot
- Surface du lot
- Usage du lot en coprop.
- Prix
- RNE
| Type de vente | Investissement |
| Type de vente | Investissement |
Description
Two-level 3,877 square foot retail condominium unit at 738 Broadway in NoHo (the “Property”). This condominium includes 2,202 SF on the ground level and 1675 SF on the second floor. The Property is situated at the base of the historic five-story Broadway McKenna building, which was converted to luxury residential condominiums in 2014. The storefront’s location along the east side of Broadway between Astor Place and Waverly Place enjoys truly exceptional visibility and foot traffic, with an entrance into the Eighth Street-NYU subway station immediately outside the Property. Strong year-round retail demand is delivered by NoHo’s wealthy residents, tourists, TAMI office workers, and NYU students.
The Property is beautifully appointed, with a private glassed-in elevator, polished concrete floors, 15-foot ground floor ceiling heights, and 18-foot ceilings in the selling basement. This offering presents a unique opportunity to acquire one of NoHo’s most attractive and well-located retail assets at a level of capital investment that is manageable for both investors and owner/occupiers.
The Property is beautifully appointed, with a private glassed-in elevator, polished concrete floors, 15-foot ground floor ceiling heights, and 18-foot ceilings in the selling basement. This offering presents a unique opportunity to acquire one of NoHo’s most attractive and well-located retail assets at a level of capital investment that is manageable for both investors and owner/occupiers.
Notes sur la vente
EXECUTIVE SUMMARY:
Marcus & Millichap is pleased to present the exclusive offering of the single tenant retail condominium at 738 Broadway (the “Property”), a prime approximately 3,850 square foot retail asset located along the Broadway corridor in NoHo, directly across from New York University.
The Property is leased to Caffeena Coffee House under a recently executed 10-year net lease, providing stable long-term cash flow with built-in annual rent increases. The tenant is making a significant capital investment into the space, reinforcing long-term commitment to the location.
Positioned in one of Manhattan’s most heavily trafficked retail corridors, the Property benefits from exceptional visibility, strong frontage, and continuous pedestrian traffic driven by NYU’s student population, surrounding residential density, and national retailers.
Marcus & Millichap is pleased to present the exclusive offering of the single tenant retail condominium at 738 Broadway (the “Property”), a prime approximately 3,850 square foot retail asset located along the Broadway corridor in NoHo, directly across from New York University.
The Property is leased to Caffeena Coffee House under a recently executed 10-year net lease, providing stable long-term cash flow with built-in annual rent increases. The tenant is making a significant capital investment into the space, reinforcing long-term commitment to the location.
Positioned in one of Manhattan’s most heavily trafficked retail corridors, the Property benefits from exceptional visibility, strong frontage, and continuous pedestrian traffic driven by NYU’s student population, surrounding residential density, and national retailers.
| Lot | Surface du lot | Usage du lot en coprop. | Prix | RNE |
| Lot 1 | 360 m² | Local commercial | 4 306 900 € (11 957,46 €/m²) | - |
Lot 1
| Surface du lot |
| 360 m² |
| Usage du lot en coprop. |
| Local commercial |
| Prix |
| 4 306 900 € (11 957,46 €/m²) |
| RNE |
| - |
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Lot 1
| Surface du lot | 360 m² |
| Usage du lot en coprop. | Local commercial |
| Prix | 4 306 900 € (11 957,46 €/m²) |
| RNE | - |
| Type de vente | Investissement |
| Description | |
| Two-level 3,877 square foot retail condominium unit at 738 Broadway in NoHo (the “Property”). This condominium includes 2,202 SF on the ground level and 1675 SF on the second floor. The Property is situated at the base of the historic five-story Broadway McKenna building, which was converted to luxury residential condominiums in 2014. The storefront’s location along the east side of Broadway between Astor Place and Waverly Place enjoys truly exceptional visibility and foot traffic, with an entrance into the Eighth Street-NYU subway station immediately outside the Property. Strong year-round retail demand is delivered by NoHo’s wealthy residents, tourists, TAMI office workers, and NYU students.<br> The Property is beautifully appointed, with a private glassed-in elevator, polished concrete floors, 15-foot ground floor ceiling heights, and 18-foot ceilings in the selling basement. This offering presents a unique opportunity to acquire one of NoHo’s most attractive and well-located retail assets at a level of capital investment that is manageable for both investors and owner/occupiers.</li></ul> | |
| Notes sur la vente | |
| EXECUTIVE SUMMARY:<br> Marcus & Millichap is pleased to present the exclusive offering of the single tenant retail condominium at 738 Broadway (the “Property”), a prime approximately 3,850 square foot retail asset located along the Broadway corridor in NoHo, directly across from New York University.<br> <br> The Property is leased to Caffeena Coffee House under a recently executed 10-year net lease, providing stable long-term cash flow with built-in annual rent increases. The tenant is making a significant capital investment into the space, reinforcing long-term commitment to the location.<br> <br> Positioned in one of Manhattan’s most heavily trafficked retail corridors, the Property benefits from exceptional visibility, strong frontage, and continuous pedestrian traffic driven by NYU’s student population, surrounding residential density, and national retailers.</li></ul> |
Informations sur l’immeuble
Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
| Surface totale de l’immeuble | 1 101 m² | Étages | 6 |
| Type de bien | Local commercial (Lot en copropriété) | Surface type par étage | 183 m² |
| Sous-type de bien | Commerce pied immeuble | Année de construction | 1900 |
| Classe d’immeuble | C | Surface du lot | 0,03 ha |
| Zonage | M1-5B - Industrie légère avec bureaux, hôtels et la plupart des usages commerciaux autorisés. | ||
| Surface totale de l’immeuble | 1 101 m² |
| Type de bien | Local commercial (Lot en copropriété) |
| Sous-type de bien | Commerce pied immeuble |
| Classe d’immeuble | C |
| Étages | 6 |
| Surface type par étage | 183 m² |
| Année de construction | 1900 |
| Surface du lot | 0,03 ha |
| Zonage | M1-5B - Industrie légère avec bureaux, hôtels et la plupart des usages commerciaux autorisés. |
Caractéristiques
- Métro
1 1
Exceptionnellement praticable à pied
100/100
Relativement adapté aux voitures
50/100
Transports en commun exceptionnels
100/100
Très praticable en vélo
80/100
Principaux commerces à proximité
Informations sur l’occupant triple net Cliquez ici pour accéder à
| OCCUPANT | m² Occupés | DATE DE FIN DE BAIL |
|---|---|---|
| Caffeena Coffee House |
99,999 SF m²
|
Jan 0000
|
1 sur 9
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
738 Broadway
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