Landmark building this two-level 3,877 square foot retail condominium unit at 738 Broadway in NoHo (the “Property”). 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. The current owner/occupier, Kicks Sneaker store , has created a modern and tasteful installation that leverages the Property’s historic appeal. 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.