1177 Broadway - Storefront FOR SALE
New York, NY 10001 |
1177 Broadway
New York, NY 10001
HIGHLIGHTS
- Excellent opportunity to acquire a two story, 4,667 SF above-grade commercial building with 16,828 SF of development rights in the NoMad neighborhood
- Ownership recently renovated the asset allowing investors the opportunity for continued use as a boutique commercial asset or redevelopment.
- Situated in the M1-6 zoning district, 1177 Broadway offers investors the opportunity to develop a 21,260 SF asset with no parking requirement.
- 1177 Broadway is a stone’s throw away from Madison Square Park and is situated nearby the Nomad’s rich dining and entertainment scene.
- The site is located near key transportation hubs at 28th and 33rd Streets, with access to the N, Q, R, W, 1, 6, PATH trains, and multiple bus route
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Distress Sale Midtown Redevelopment/Retail
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
7022
STORIES
3
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0829-0055
