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325 W Broadway
New York, NY 10013 Soho

$5,200,000 USD

Apartments Condo For Sale  •  3,122 SF

Property Details

  • Property Type Apartments
  • Total Building Size 55,962 SF
  • Lot Size 0.26 AC
  • Building Class B
  • Year Built 2016
  • Zoning M1-5A
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit AB Retail 3,122 SF $5,200,000 USD
  • Unit Size: 3,122 SF
  • Condo Use: Retail
  • Price: $5,200,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $1,665.60 USD
Description
SERHANT. Commercial has been exclusively retained by ownership to list and market for sale 2 retail  condos located at 325 West Broadway. This investment opportunity in the heart of Soho offers two retail condos for sale Unit * and unit *, presenting a combined total of 3,122 square feet of prime retail space. Both units are occupied by strong tenants with newly renewed leases, ensuring immediate and steady income for investors. One unit is leased by Lazaro, a distinguished men's fashion and jewelry retailer, and the other by IGK, a renowned high-end hair salon that has been a staple in the community for six years. 
The newly renewed leases provide stability and guarantee a reliable income stream. Situated in one of New York City's most coveted neighborhoods, known for its vibrant atmosphere, high foot traffic, and upscale clientele, these units are ideally located. With an attractive 6.2% cap rate, this investment promises a solid return. Investing in these retail condos not only offers the potential for stable and continuous income but also positions you in a dynamic and sought-after location. Don't miss out on securing a foothold in the bustling SoHo retail market with this exceptional investment opportunity. 
Act now to add these premium retail condos to your portfolio! Listed by Vikrant Patel vikrant@serhant.com, Christopher Prokop Cprokop@serhant.com and Bernadette Brennan bernadette@serhant.com

Description

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.

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.
Stable Income Stream: Fully leased to strong tenants (Lazaro and IGK) with newly renewed agreements
Attractive Returns: Offering a solid 7.2% cap rate, providing a balance of current income and potential for future appreciation.
Turnkey Investment: 3,122 square feet of prime retail space, ready for immediate income generation in a thriving commercial marke

Amenities

  • Concierge
  • Fitness Center
  • Storage Space
  • Bicycle Storage

Public Transportation

Commuter RailDriveWalkDistance
Christopher St (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 4 min 17 min 0.9 mi
9 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 4 min 18 min 0.9 mi
Transit/SubwayDriveWalkDistance
Canal Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 2 min 3 min 0.2 mi
Canal Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Canal Street (N,Q,R Line) (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Spring Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Franklin Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
AirportDriveWalkDistance
Laguardia 21 min - 9.9 mi
Newark Liberty International 18 min - 12.0 mi
John F Kennedy International 30 min - 18.1 mi
Bernadette Brennan 646-480-7665 Serhant
Bernadette Brennan 646-480-7665 Serhant