Office

Commercial Lease – 518 Broadway, New York, NY 10012

Asking Rent: $20,000/Month
Size: 2,125 SF
Lease Type: Office
Property Type: Boutique Office / Creative Loft Space
Location: SoHo (10012)
Availability: Immediate

Property Overview

518 Broadway offers a 2,125 SF loft-style office suite in the heart of SoHo. With its open floorplan and boutique cast-iron architecture, the property provides an inspiring workspace for creative, design, media, and professional firms seeking presence in one of Manhattan’s most iconic neighborhoods.

The suite is positioned along Broadway’s bustling corridor, providing tenants with prestige, accessibility, and proximity to top retail, dining, and cultural destinations.

Key Features

• Total Size: ≈2,125 SF
• Asking Rent: $20,000/Month
• Annualized Rent: ≈$240,000
• Effective Rent per SF: ≈$113/SF annually
• Configuration: Open loft with adaptable layout for collaborative or private offices
• Building: Classic SoHo cast-iron property with boutique tenancy profile
• Visibility: Prestigious Broadway frontage in a high-demand corridor

Lease & Terms

• Base Rent: $20,000/Month (~$113/SF/YR)
• Term: Negotiable (long-term preferred)
• Availability: Immediate / By agreement
• Due at Signing: First month + security deposit; tenant financials required
• Tenant Responsibilities: Utilities and obligations typical for office leases

Market Profile

• Location Advantage: Prime Broadway address in SoHo, steps from Spring Street, Canal Street, and major shopping corridors.
• Transit Access: Nearby Canal Street (A/C/E, 1, J/Z, N/Q/R/W, 6) and Prince Street (R/W).
• Neighborhood Demand: Consistently strong from creative firms, boutique consultancies, and lifestyle-driven office users.
• Competitive Advantage: Rare 2,100+ SF SoHo loft office at an accessible rent level compared to larger SoHo floorplates.

Summary

The 2,125 SF office suite at 518 Broadway, New York, NY 10012 is offered at $20,000/Month (~$113/SF annually). Its loft character, boutique scale, and Broadway frontage make it an outstanding option for creative and professional tenants seeking SoHo presence.