Multi-family

Flagship Condo Investment or End-User Opportunity – 718 Broadway

Address: 718 Broadway, New York, NY, 10003
Asking Price: $25,000,000
Sale Type: Investment or Owner-User
Type: 3-Star Mid-Rise Apartments (Condominium Interest)
Location: CBD – NoHo / Greenwich Village Border
Units in Building: 42
Stories: 11
Building Class: B
Gross Building Area (GBA): 75,165 SF
Typical Floor Plate: 6,833 SF
Number of Buildings: 1
Units per Acre: 263/AC
Rent Type: Market Rate
Market Segment: Institutional Investors, High-Net-Worth End-Users, Family Offices, 1031 Exchange Buyers

Property Overview:

718 Broadway presents a rare opportunity to acquire a significant condominium interest in a prominent 11-story mid-rise building located in the heart of NoHo. This offering is ideal for an investor seeking stabilized income in a tightly held market or for an end-user with long-term headquarters or flagship residential ambitions in one of Manhattan’s most culturally significant neighborhoods.

Investment Highlights:

✔ Price: $25,000,000 – premier CBD condo offering with flexible use
✔ Asset Quality: 3-star mid-rise with architectural charm, professional management, and upgraded infrastructure
✔ Building Size: Over 75,000 SF with typical floorplates of 6,833 SF
✔ Stabilized Market-Rate Income: Strong rental history with premium tenant profile
✔ Use Flexibility: Ideal for luxury residential, institutional tenanting, or long-term owner-user occupancy

Location Benefits:

✔ Located on Broadway between Astor Place and Waverly Place – one of NoHo’s most iconic blocks
✔ Proximity to NYU, SoHo, Greenwich Village, Union Square, and Lafayette Street
✔ Surrounded by upscale retail, lifestyle amenities, creative firms, and cultural institutions
✔ Access to multiple subway lines: B, D, F, M, N, R, W, and 6

Highlights:

✔ $25M for a substantial condo interest in a historically appreciating submarket
✔ Modern mid-rise building with efficient layouts and elevator access
✔ Ideal for investment, ownership consolidation, or private use conversion
✔ Excellent upside through leasing, branding, or long-term repositioning

Conclusion:

718 Broadway offers a unique opportunity to acquire a significant asset in one of Manhattan’s most enduring and high-barrier-to-entry markets. Whether for investment income, institutional presence, or private legacy ownership, this property stands out for its scale, location, and long-term strategic value.

Contact us for offering details, rent roll, or to schedule a confidential tour.