499 Broadway - 8,000 SQFT Retail

499 Broadway
New York NY 10012
Cross street:Broome Street

Building

Type:Loft
Era:Pre-war
Floors:4

Property

Pets: Pets Allowed

Financials

Sara Burack
Licensed Real Estate Salesperson
Phone:
587 Fifth Avenue New York, NY 10017
Fax:

Description

499 Broadway is located between Spring and Broome Street. The building has excellent visibility with pedestrian traffic of approximately 12 million people per year. The current tenant does over $10,000,000 in revenue per year. Broadway in Soho is home to many of the global retail brands including but not limited to Zara, H&M, Lululemon, AllSaints, Bloomingdale’s, Nike, and Uniqlo and many others within walking distance of 499 Broadway.

The retail space at 499 Broadway is 8,000 square feet of legal selling area with 4,000 square feet on the ground level and 4,000 square feet on the lower level.

The building benefits from having Two Retail Entrances and Two Retail Storefronts one on Broadway and one on Mercer Street. (The building runs through the block from Broadway to Mercer).

The asking rent for the prime retail space is as follows:

  • Entire space (8,000 SF): $1.5 mm per year or $300/75 PSF per year on the ground/cellar

  • Broadway Storefront (4,000 SF): $1.2 mm for 2,500/1,500 SF on the ground/cellar

  • Mercer St. Storefront (4,000 SF): $500,000 for 1,500/2,500 SF on the ground/cellar

Highlights:

  • Food uses accepted

  • Entrances on Mercer and Broadway

  • 16 foot ceilings on ground 10’ on the lower level

  • Built out space on two levels with legal selling basement

Amenities

  • Loft
  • Elevator
  • Voice Intercom

Exposures

  • West

Neighborhood

More listings:

499 Broadway - 8,000 SQFT Retail

Description

499 Broadway is located between Spring and Broome Street. The building has excellent visibility with pedestrian traffic of approximately 12 million people per year. The current tenant does over $10,000,000 in revenue per year. Broadway in Soho is home to many of the global retail brands including but not limited to Zara, H&M, Lululemon, AllSaints, Bloomingdale’s, Nike, and Uniqlo and many others within walking distance of 499 Broadway.

The retail space at 499 Broadway is 8,000 square feet of legal selling area with 4,000 square feet on the ground level and 4,000 square feet on the lower level.

The building benefits from having Two Retail Entrances and Two Retail Storefronts one on Broadway and one on Mercer Street. (The building runs through the block from Broadway to Mercer).

The asking rent for the prime retail space is as follows:

  • Entire space (8,000 SF): $1.5 mm per year or $300/75 PSF per year on the ground/cellar

  • Broadway Storefront (4,000 SF): $1.2 mm for 2,500/1,500 SF on the ground/cellar

  • Mercer St. Storefront (4,000 SF): $500,000 for 1,500/2,500 SF on the ground/cellar

Highlights:

  • Food uses accepted

  • Entrances on Mercer and Broadway

  • 16 foot ceilings on ground 10’ on the lower level

  • Built out space on two levels with legal selling basement

Amenities

  • Loft
  • Elevator
  • Voice Intercom

Exposures

  • West

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.