An exceptional investment opportunity in the heart of Manhattan’s coveted SoHo district, this 2-star mid-rise apartment condo property is listed for $21,000,000 (approximately $3,500,000 per unit). Spanning 16,628 square feet over five stories, the property offers a prime location with significant growth and rental potential.
Property Overview:
- Address: 414-416 W Broadway, New York, NY, 10012
- Asking Price: $21,000,000
- Sale Type: Investment
- Gross Building Area (GBA): 16,628 SF
- Property Type: 2-Star Mid-Rise Apartments Condo
- Units: 6
- Stories: 5
- Typical Floor Size: 2,962 SF
- Class: C
- Location: Central Business District (CBD), SoHo
- Market Segment: All
- Rent Type: Market
Key Features:
- Prime SoHo Location: Nestled in one of New York City’s most desirable neighborhoods, the property benefits from excellent walkability, high-end retail, world-class dining, and cultural attractions.
- Spacious Units: With an average unit size of approximately 2,770 SF, these condos offer luxurious living or commercial potential tailored to premium clientele.
- Solid Investment Potential: The property’s market-rate rent structure and prime location ensure steady income generation and long-term value appreciation.
- Flexible Market Segment: Positioned to attract both residential and commercial tenants, maximizing its versatility and income streams.
- Quality Construction: Built with a robust foundation and practical layout to accommodate a wide range of uses.
Investment Highlights:
414-416 W Broadway offers an unparalleled opportunity to own a piece of Manhattan’s iconic SoHo district. Its spacious units, excellent location, and market-driven rental potential make it an ideal asset for investors seeking stable returns in one of New York City’s most dynamic neighborhoods.
Contact us to arrange a tour or learn more about this outstanding investment property.