This Multifamily Property is no longer advertised on LoopNet.com.

325 W Broadway
New York, NY 10013
Xoco 325 · Multifamily Property For Sale · 24 Units

Investment Highlights

  • Prime SoHo Location: Two retail condos in the heart of one of NYC's most coveted neighborhoods, known for high foot traffic and upscale clientele.
  • Attractive Returns: Offering a solid 7.2% cap rate, providing a balance of current income and potential for future appreciation.
  • Stable Income Stream: Fully leased to strong tenants (Lazaro and IGK) with newly renewed agreements
  • Turnkey Investment: 3,122 square feet of prime retail space, ready for immediate income generation in a thriving commercial marke

Executive Summary

SERHANT. Commercial is exclusively offering two prime retail condos for sale at 325 West Broadway in the heart of SoHo. This exceptional investment opportunity features: Two units: Unit * and Unit * Combined space: 3,122 square feet Fully leased to strong tenants with newly renewed agreements Lazaro: Distinguished men's fashion and jewelry retailer IGK: Renowned high-end hair salon, established for 6 years Key Investment Highlights: Prime SoHo location with high foot traffic and upscale clientele Attractive 7.2% cap rate Immediate and steady income stream Opportunity to own in one of NYC's most coveted retail markets This offering presents a rare chance to secure a foothold in SoHo's thriving retail landscape, combining stable income with potential for future appreciation. For more information, contact: Vikrant Patel: vikrant@serhant.com Christopher Prokop: cprokop@serhant.com Bernadette Brennan: bernadette@serhant.com Don't miss this opportunity to add premium SoHo retail to your portfolio.

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.26 AC
Building Size 55,962 SF
No. Stories 9
Year Built 2016
APN / Parcel ID 0228-1410
Zoning M1-5A - Light industrial with offices, hotels, and most retail uses permitted

Amenities

Unit Amenities

  • Garden

Site Amenities

  • 24 Hour Access
  • Concierge
  • Fitness Center
  • Storage Space
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 24 - -
  • Listing ID: 32617081

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 325 W Broadway, New York, NY 10013

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