501 Broadway

New York, New York

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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

Location Map

Team

Brent Glodowski

Brent Glodowski

Director
Avison Young - US - NY - New York
202 246 4123
Eric Karmitz

Eric Karmitz

Director
Avison Young - US - NY - New York
201 874 5017
James Nelson

James Nelson

Principal, Head of Tri-State Investment Sales
Avison Young - US - NY - New York
917 362 1485

Downloads

501 Broadway Flyer

Register for Offering: 501 Broadway OM

501_Broadway_-_Floor_Plans.pdf

501_Broadway_-_2016-TTM_March_2019_Financials.xlsx

Notice_of_Property_Value_-_2019-2020.pdf

Notice_of_Property_Value_-_2018-2019.pdf

Notice_of_Property_Value_-_2017-2018.pdf

8._Tax_Bill_-_June_2017.pdf

7._Tax_Bill_-_August_2017.pdf

6._Tax_Bill_-_November_2017.pdf

5._Tax_Bill_-_February_2018.pdf

4._Tax_Bill_-_June_2018.pdf

3._Tax_Bill_-_August_2018.pdf

2._Tax_Bill_-_November_2018.pdf

1._Tax_Bill_-_February_2019.pdf

501_Broadway_-_Phase_I_8-18-15.pdf

Vesting_Deed-CRFN_2012000341132.pdf

Sidewalk_Notice__74795.pdf

Reel_288_Page_1059.pdf

Liber_5099_Page_564.pdf

Liber_4722_Page_466.pdf

FinCen_Form.pdf

CRFN_2015000344214.pdf

CRFN_2012000097629.pdf

CRFN_2012000097628.pdf

CRFN_2007000611118.pdf

CRFN_2007000611117.pdf

CRFN_2003000419403.pdf

TA17(01)086-TITLE_REPORT.pdf

Tax_Search.pdf

TA17(01)086-SURVEY.pdf

Street_Report.pdf

Housing___Building.pdf

Emergency_Repair.pdf

Certificate_of_Occupancy.pdf

CRFN_2015000344213.pdf

CRFN_2015000344210.pdf

CRFN_2012000341137.pdf

CRFN_2012000341136.pdf

CRFN_2012000341135.pdf

CRFN_2008000488206.pdf

501_Broadway_-_PCA_3-9-12.pdf

501_Broadway_-_Condo_Declaration.PDF

501_Broadway_-_Condo_Bylaws.PDF

Capital_One_Lease.pdf

Capital_One_Lease_Abstract.pdf

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