Retail Investment Property for Lease – 1151-1153 Broadway, New York, NY 10001

Asking Rent: $40,000 / Month
Sale Type: Lease – Retail
Property Type: Ground-Floor Retail Space
Location: Urban – NoMad / Flatiron District, Manhattan (10001)
Availability: Immediate

Property Overview

1151-1153 Broadway offers 1,475 SF of prime ground-floor retail space in the heart of Manhattan’s NoMad/Flatiron corridor. This high-traffic location benefits from strong pedestrian flows, proximity to Madison Square Park, and a growing mix of hospitality, residential, and office developments.

With open layout potential and wide frontage, the space is ideally suited for boutique retail, specialty food & beverage, or experiential brands targeting the Midtown South market. Its adjacency to upscale residential towers, creative office tenants, and hotel developments enhances long-term positioning for tenants seeking visibility and brand presence.

Key Features

• Size: 1,475 SF
• Asking Rent: $40,000 / month (~$325 PSF annualized)
• Frontage: Wide street presence along Broadway
• Condition: Ground-floor retail with open layout flexibility
• Market Segment: Fashion, boutique retail, food & beverage, and experiential concepts

Market Profile

• Submarket: NoMad / Flatiron District – one of Manhattan’s fastest-growing mixed-use corridors
• Demand Drivers: Upscale residential conversions, Class-A office tenants, boutique hotels, and active retail strips along Broadway & Fifth Avenue
• Target Tenants: Boutique retailers, food & beverage operators, fitness/wellness concepts, and experiential brands
• Competitive Advantage: High pedestrian visibility, strong daytime office population, and growing residential base

Financial Highlights

• Asking Rent: $40,000 / month
• Size: 1,475 SF
• Asking Rent per SF (Annualized): ~$325/SF
• Lease Type: Negotiable; long-term preferred
• Upside Potential: Strong rent growth outlook tied to NoMad’s transformation into a luxury residential and hospitality hub

Location Advantages

• Neighborhood: NoMad / Flatiron District – vibrant Midtown South corridor anchored by Madison Square Park
• Proximity: Surrounded by hotels, co-working spaces, luxury residential towers, and Class-A office tenants
• Transit: Close to 23rd Street subway (N/R/W), 28th Street stations, and PATH/NJ Transit at nearby Penn Station
• Tenant Demand: Strong from retail and F&B operators seeking visibility in a rapidly evolving mixed-use neighborhood

Summary

The 1,475 SF retail space at 1151-1153 Broadway is offered at $40,000 per month (~$325/SF annualized rent), delivering a rare opportunity to secure prime frontage in the dynamic NoMad/Flatiron corridor. With strong co-tenancy, pedestrian visibility, and long-term growth prospects, this location is well-positioned for boutique retailers and experiential tenants seeking a flagship presence in Manhattan.