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597 Broadway 4,500 SF Retail Condo Unit Offered at $7,850,000 in New York, NY 10012
Investment Highlights
- Heavy foot traffic
- Open floor plan with abundant natural light.
- Prime SoHo location at Broadway & Houston.
- Lots of natural light because of the skylights
- Private elevator with direct access to the space.
- Surrounded by luxury retail and high foot traffic.
Executive Summary
Location, Location, Location Broadway & Houston, Stunning Inspiring Retail Condo loft/office studio on the 2nd floor in prime SoHo (neighbors on the block include Prada, Hugo Boss, Arc'teryx, Recently renovated kitchen, private elevator, conference rooms, private offices, bathroom. Lease rate does not include utilities, property expenses or building services Fully Built-Out as retail/office Open Floor Plan Layout Fits 13 - 40 People Private Offices Conference Room 7 Workstations 13’ Finished Ceilings Space... Heavy foot traffic Lots of natural light Open floor plan Location
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Lease Option |
| Cap Rate | 5.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
| Sale Conditions | Lease Option |
Description
Positioned in the heart of SoHo at Broadway and Houston, this stunning retail/office condo offers an unparalleled opportunity to own a piece of one of Manhattan’s most iconic neighborhoods. Surrounded by global luxury brands such as Prada, Hugo Boss, and Arc’teryx, the property benefits from exceptional visibility and heavy foot traffic, making it ideal for high-end retail or creative office use.
The space features a recently renovated kitchen, private elevator access, and an open floor plan that accommodates flexible layouts for retail showrooms or collaborative office environments. With soaring 13-foot finished ceilings and abundant natural light from skylights, the ambiance is both inspiring and functional. Additional amenities include private offices, a conference room, and multiple workstations, creating a turnkey solution for businesses seeking prestige and convenience.
Located steps from major subway lines and surrounded by vibrant dining, art galleries, and boutique shopping, this property combines prime positioning with unmatched neighborhood energy. Ownership here means securing a foothold in a market known for strong appreciation and enduring demand.
The space features a recently renovated kitchen, private elevator access, and an open floor plan that accommodates flexible layouts for retail showrooms or collaborative office environments. With soaring 13-foot finished ceilings and abundant natural light from skylights, the ambiance is both inspiring and functional. Additional amenities include private offices, a conference room, and multiple workstations, creating a turnkey solution for businesses seeking prestige and convenience.
Located steps from major subway lines and surrounded by vibrant dining, art galleries, and boutique shopping, this property combines prime positioning with unmatched neighborhood energy. Ownership here means securing a foothold in a market known for strong appreciation and enduring demand.
Sale Notes
Retail showroom
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail | 4,500 SF | Retail | $7,850,000 ($1,744.44/SF) | $392,500 |
Unit Retail
| Unit Size |
| 4,500 SF |
| Condo Use |
| Retail |
| Price |
| $7,850,000 ($1,744.44/SF) |
| NOI |
| $392,500 |
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Unit Retail
| Unit Size | 4,500 SF |
| Condo Use | Retail |
| Price | $7,850,000 ($1,744.44/SF) |
| NOI | $392,500 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
| Sale Conditions | Lease Option |
| Description | |
| Positioned in the heart of SoHo at Broadway and Houston, this stunning retail/office condo offers an unparalleled opportunity to own a piece of one of Manhattan’s most iconic neighborhoods. Surrounded by global luxury brands such as Prada, Hugo Boss, and Arc’teryx, the property benefits from exceptional visibility and heavy foot traffic, making it ideal for high-end retail or creative office use.<br> <br> The space features a recently renovated kitchen, private elevator access, and an open floor plan that accommodates flexible layouts for retail showrooms or collaborative office environments. With soaring 13-foot finished ceilings and abundant natural light from skylights, the ambiance is both inspiring and functional. Additional amenities include private offices, a conference room, and multiple workstations, creating a turnkey solution for businesses seeking prestige and convenience.<br> <br> Located steps from major subway lines and surrounded by vibrant dining, art galleries, and boutique shopping, this property combines prime positioning with unmatched neighborhood energy. Ownership here means securing a foothold in a market known for strong appreciation and enduring demand.</li></ul> | |
| Sale Notes | |
| Retail showroom</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $30,000 | 4,500 |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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597 Broadway
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