Urban-High Street
738 Broadway
738 Broadway, New York, NY 10003
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive offering of the retail condominium at 738 Broadway (the “Property”), a prime approximately 3,850 square foot retail asset located along the Broadway corridor in NoHo, directly across from New York University.
The Property is fully leased to Caffeena Coffee House under a newly executed 10-year lease featuring approximately 3% annual rent increases, providing stable and growing cash flow. The tenant is investing over $1M into the buildout, demonstrating a strong long-term commitment to the location and significantly reducing near-term rollover risk.
Positioned in one of Manhattan’s most heavily trafficked retail corridors, the Property benefits from exceptional visibility and continuous pedestrian flow driven by NYU’s student population, surrounding residential density, and nearby national retailers. The location offers durable demand and strong long-term retail fundamentals.
This offering presents investors with a clean, passive retail condominium investment with a net lease structure, minimal landlord responsibilities, and exposure to one of New York City’s most dynamic and resilient submarkets.
738 Broadway
Investment Highlights
- Prime Broadway retail directly across from NYU with exceptional visibility and nonstop foot traffic, perfectly positioned to capture daily student demand.
- Tenant investing $1M+ into buildout, signaling strong commitment and long-term occupancy with significant capital already deployed.
- 10-year net lease with ~3% annual increases provides stable, growing cash flow with minimal management.
- Highly trafficked NoHo corridor surrounded by national retailers, transit, and dense residential and student population driving consistent demand.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Prime Broadway retail directly across from NYU with exceptional visibility and nonstop foot traffic, perfectly positioned to capture daily student demand.
- Tenant investing $1M+ into buildout, signaling strong commitment and long-term occupancy with significant capital already deployed.
- 10-year net lease with ~3% annual increases provides stable, growing cash flow with minimal management.
- Highly trafficked NoHo corridor surrounded by national retailers, transit, and dense residential and student population driving consistent demand.
Investment Overview
Marcus & Millichap is pleased to present the exclusive offering of the retail condominium at 738 Broadway (the “Property”), a prime approximately 3,850 square foot retail asset located along the Broadway corridor in NoHo, directly across from New York University. The Property is fully leased to Caffeena Coffee House under a newly executed 10-year lease featuring approximately 3% annual rent increases, providing stable and growing cash flow. The tenant is investing over $1M into the buildout, demonstrating a strong long-term commitment to the location and significantly reducing near-term rollover risk. Positioned in one of Manhattan’s most heavily trafficked retail corridors, the Property benefits from exceptional visibility and continuous pedestrian flow driven by NYU’s student population, surrounding residential density, and nearby national retailers. The location offers durable demand and strong long-term retail fundamentals. This offering presents investors with a clean, passive retail condominium investment with a net lease structure, minimal landlord responsibilities, and exposure to one of New York City’s most dynamic and resilient submarkets.
Exclusively Listed By
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