416 W Broadway

Cushman & Wakefield has been exclusively retained to arrange the sale of the property located at 414-416 West Broadway, an elevator, mixed-use residential free-market property, in the SoHo Neighborhood of Manhattan. The property is centrally located on the west side of West Broadway between Prince Street and Spring Street, two of the most popular retail corridors in Manhattan. This property spans approximately 11,900 square feet and is comprised of 6 free-market residential units and 1 retail unit. The south retail condo is owned separately and not included in this offering. The property has been recently renovated and all the units contain luxury finishes, large spacious floor plans, a washer & dryer in unit, central air, hardwood floors, and Bosch appliances.
Located in the heart of SoHo, 414-416 West Broadway is positioned between Prince and Spring Street, two of the most popular and luxurious streets in Manhattan. Retail and residential rents in the surrounding area are continuing to rise to record highs, displaying the popularity of this area. With its proximity to iconic shopping destinations, world-class restaurants, and popular cultural attractions, the property attracts consistent foot traffic from both locals and tourists alike. The asset also enjoys excellent public transportation connectivity, with multiple buses and subway lines within walking distance, such as the 1, 2, A, C, E, R, W, B, D, F, & M.
This luxurious building offers an incredible opportunity to purchase a property positioned in one of the most prime locations in New York City. Buyers can capitalize on a cash-flowing asset that is on track to appreciate as the surrounding sub-market continues to thrive, driven by strong demand, new developments, and increased popularity.