212-660-7717
1369 Broadway, New York, NY for Sale
Office - FOR SALE
1/5
null | Request Cap Rate

1369 Broadway
New York, NY 10018
Garment District


HIGHLIGHTS

  • The Property lies within a transformative rezoning initiative projected to deliver 9,500+ new housing units and $340 million in public investments.
  • Over 110 feet of wraparound frontage at the prominent intersection of Broadway and West 37th Street, offering unmatched street-level visibility.
  • Equipped with infrastructure to support eye-catching signage along one of Manhattan’s busiest corridors, enhancing branding and tenant exposure.
  • Positioned in a vibrant commercial hub with 300,000+ daily pedestrians, providing exceptional visibility and consistent footfall for retail tenants.
  • Ideally located near major transit hubs and serviced by 12 subway lines and facilitating unparalleled connectivity across Manhattan and beyond.
  • Surrounded by iconic retail anchors including Macy’s Herald Square, H&M, Victoria’s Secret, and more. Steps from Penn Station, Herald Square.

OVERVIEW

CBRE, as the exclusive agent, is pleased to present for sale 1369 Broadway (the “Property”), a six-story mixed-use commercial building prominently positioned at the southwest corner of 37th Street and Broadway in the heart of Midtown South’s Herald Square. The 23,437 GSF building features over 110 feet of wraparound frontage, delivering exceptional visibility on one of Manhattan’s most vibrant commercial corridors. The Property includes five floors of office space, four ground-floor retail units, three antennas and billboard infrastructure. Current retail tenants include the credit-rated international brand, Dunkin’ Donuts (franchisee), City Souvenirs, and Little Italy Pizzeria – all with prime frontage along Broadway. A fourth retail unit, located along 37th Street, is currently vacant, offering upside potential. In addition to rental income from office and retail tenants, the Property generates supplementary revenue from the three antenna leases and credit rated, OutFront Media (B+), further enhancing its investment profile. The property’s position along Broadway — a key north-south artery — places it in the heart of Midtown South, where 300,000+ pedestrians pass daily, driven by both local workforce activity and steady tourism footfall. Herald Square also offers unrivaled transportation connectivity, with immediate access to 12 subway lines, Penn Station, the PATH, and Port Authority, making it one of the most accessible transit hubs in the city. Ongoing investment in the public realm — including the Midtown South Mixed-Use Plan and the Port Authority’s $10 billion bus terminal redevelopment — further enhances the long-term value and appeal of the neighborhood, positioning 1369 Broadway to benefit from both near-term leasing demand and sustained growth.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

M1-9A / R12 / MSMX

APN/PARCEL ID

0812-0056

ASK ABOUT THIS PROPERTY

Robert ShapiroCushman & WakefieldMore Info
212-660-7717

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Robert ShapiroCushman & WakefieldMore Info
212-660-7717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.