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25 Broad St - The Broad Exchange
2,216 - 14,816 SF Retail Condo Units Offered at $3,525,000 Per Unit in New York, NY 10004
Investment Highlights
- Ready for occupancy with little upfront work required.
- Less than a four-minute walk to the Rector Street, Wall Street, & Broad Street subway stations.
- Neighboring tenants include Hermes, Tiffany & Co., & Cipriani.
Executive Summary
Lee & Associates NYC is pleased to present exclusively for sale the retail condominium located at 25 Broad Street, New York, NY 10004 (the “Property”). Formerly home to Canali, purveyor of fine Italian dress clothing, the Property is currently vacant and ready for occupancy. Featuring approximately 3,755 square feet of space between ground level and mezzanine space, the Property presents an excellent opportunity for owner-occupancy or for an investor to capture the demand in one of Manhattan’s most accessible submarkets with fantastic foot traffic.
Property Facts
| Price | $3,525,000 | Building Class | A |
| Unit Size | 2,216 - 14,816 SF | Floors | 21 |
| No. Units | 4 | Typical Floor Size | 10,900 SF |
| Total Building Size | 412,133 SF | Year Built | 1900 |
| Property Type | Multifamily | Lot Size | 0.56 AC |
| Property Subtype | Apartment |
| Price | $3,525,000 |
| Unit Size | 2,216 - 14,816 SF |
| No. Units | 4 |
| Total Building Size | 412,133 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 21 |
| Typical Floor Size | 10,900 SF |
| Year Built | 1900 |
| Lot Size | 0.56 AC |
4 Units Available
Unit B
| Unit Size | 2,216 SF | Sale Conditions | Auction Sale |
| Condo Use | Retail | APN/Parcel ID | 0025-1002 |
| Sale Type | Investment |
| Unit Size | 2,216 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 0025-1002 |
Description
Gross Size: 2,216 SF
Ceiling Height: 15 Feet
Frontage: 40’ on Exchange Place
Unit Comm C
| Unit Size | 3,755 SF | Condo Use | Retail |
| Price | $3,525,000 | Sale Type | Investment or Owner User |
| Price Per SF | $938.75 |
| Unit Size | 3,755 SF |
| Price | $3,525,000 |
| Price Per SF | $938.75 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
READY FOR OCCUPANCY WITH LITTLE UPFRONT WORK NEEDED
LESS THAN A FOUR-MINUTE WALK TO THE RECTOR STREET, WALL STREET, AND BROAD STREET SUBWAY STATIONS
NEIGHBORING TENANTS INCLUDE HERMES, TIFFANY & CO., AND CIPRIANI
Sale Notes
Lee & Associates NYC is pleased to present exclusively for sale
the retail condominium located at 25 Broad Street, New York, NY 10004 (the “Property”). Formerly home to Canali, purveyor of fine Italian dress clothing, the Property is currently vacant and ready for occupancy. Featuring approximately 3,755 square feet of space between ground level and mezzanine space, the Property presents an excellent opportunity for owner-occupancy or for an investor to capture the demand in one of Manhattan’s most accessible submarkets with fantastic foot traffic.
Unit Comm C
| Unit Size | 3,755 SF | Sale Conditions | Auction Sale |
| Condo Use | Retail | APN/Parcel ID | 0025-1003 |
| Sale Type | Investment |
| Unit Size | 3,755 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 0025-1003 |
Description
READY FOR OCCUPANCY WITH LITTLE UPFRONT WORK NEEDED (FORMERLY HOME TO SUIT MAKERS CANALI & INDOCHINO).
LESS THAN A FOUR-MINUTE WALK TO THE RECTOR STREET, WALL STREET, AND BROAD STREET SUBWAY STATIONS
NEIGHBORING TENANTS INCLUDE HERMES, TIFFANY & CO, AND CIPRIANI
Unit Comm A
| Unit Size | 14,816 SF | Sale Conditions | Auction Sale |
| Condo Use | Retail | APN/Parcel ID | 0025-1001 |
| Sale Type | Investment |
| Unit Size | 14,816 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 0025-1001 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 172 | - | 500 - 955 |
| 1+1.5 | 1 | - | 1,132 |
| 2+1 | 8 | - | 955 |
| 2+2 | 120 | - | 900 - 1,532 |
| 2+2.5 | 6 | - | 1,367 - 1,500 |
| 3+3 | 1 | - | 2,439 |
Amenities
- Ventilation - Venting
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Walk-In Closets
- Skylights
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Doorman
- Gameroom
- Grill
- Package Service
- Community-Wide WiFi
- Elevator
- Lounge
- Maintenance on site
- Sundeck
zoning
| Zoning Code | C5-5, New York, (D9) (Central Commercial District, Retail Frontage) |
| C5-5, New York, (D9) (Central Commercial District, Retail Frontage) |
-
Jonathan Braun -
Lee & Associates
Presented by
25 Broad St - The Broad Exchange
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