501 Broadway
New York, New York
Building
Stats
- Property Type Retail - Retail Condo
- Building size (SF) 9,035
- Price $28,000,000
Overview
Avison Young, as exclusive agent, is pleased to offer for sale a block-through 9,035± square foot retail condominium at 501 Broadway (the “Property”) in the heart of the SoHo neighborhood in Manhattan. Built in 2007, the unit is situated at the base of a six-story condominium development. The Property consists of 3,659± square feet on the ground floor, 4,694± square feet in the lower level and 682± square feet in the sub-lower level for a total of 9,035± square feet.
Highlights
Block-through retail condominium totaling 9,035± square feet across three levels
Leased by Capital One Bank through 2025 (with two renewal options)
Credit Ratings: Moody's (Baa1), S&P (BBB+), Fitch (A-)
Modified NNN lease
29.25' of frontage on Broadway and 30' of frontage on Mercer Street
Ceiling heights are 20 feet on the ground floor, 12 feet in the lower level and 8 feet in the sub-lower level
Located within the SoHo Cast Iron Historic District
Steps away from Bloomingdales, Balthazar, ZARA, H&M, Lululemon, Nike, Mercer Kitchen, Chase Bank, and Lure Fishbar
