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Urban-High Street

452 West Broadway

452 W Broadway, New York, NY 10012

Listing Price: $9,500,000

Cap Rate
4.70%
Gross SF
2,150
Rentable SF
2,150
Price/Gross SF
$4,418.60
Lot Size
665.00 acres
Year Built
1910

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in 452 West Broadway, New York NY 10012. The Property is a 2,150 square foot commercial building one lot from the northwest corner of Prince Street and West Broadway. Since 2017, the three-story Property has been fully leased to Lamy, an international brand that manufactures and sells high-end pens. The entire premises is leased through June 30, 2028. The tenant has remained in place and current on rent throughout the COVID-19 pandemic. The Property is located in Manhattan’s iconic Soho neighborhood. Soho is known as a mecca of upscale retailers, art galleries, boutique office buildings and luxury residences.

Investment Highlights

  • Located in the popular SoHo neighborhood
  • Three-story building fully leased to international brand Lamy
  • Leased through 2028

Exclusively Listed By

Urban-High Street

452 West Broadway

Listing Price: $9,500,000

Cap Rate
4.70%
Gross SF
2,150
Rentable SF
2,150
Price/Gross SF
$4,418.60
Lot Size
665.00 acres
Year Built
1910

Investment Highlights

  • Located in the popular SoHo neighborhood
  • Three-story building fully leased to international brand Lamy
  • Leased through 2028

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in 452 West Broadway, New York NY 10012. The Property is a 2,150 square foot commercial building one lot from the northwest corner of Prince Street and West Broadway. Since 2017, the three-story Property has been fully leased to Lamy, an international brand that manufactures and sells high-end pens. The entire premises is leased through June 30, 2028. The tenant has remained in place and current on rent throughout the COVID-19 pandemic. The Property is located in Manhattan’s iconic Soho neighborhood. Soho is known as a mecca of upscale retailers, art galleries, boutique office buildings and luxury residences.

Exclusively Listed By

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