Office

  • $80,000
Steve Madden, 540, Broadway, SoHo, Manhattan, New York County, City of New York, New York, 10012, United States
For Rent
Office
Steve Madden, 540, Broadway, SoHo, Manhattan, New York County, City of New York, New York, 10012, United States
  • $80,000

Description

Commercial Lease – 524 Broadway, New York, NY 10012

Asking Rent: $80,000/Month
Size: 14,947 SF
Lease Type: Office
Property Type: Full-Floor Creative Loft Office
Location: SoHo (10012)
Availability: Immediate

Property Overview

524 Broadway offers a 14,947 SF full-floor loft office in one of SoHo’s premier cast-iron buildings. With soaring ceilings, expansive floorplates, and abundant natural light from oversized windows, this property provides a rare opportunity for a large-scale tenant to establish a flagship presence in SoHo’s creative and commercial core.

The space is ideal for technology firms, creative agencies, media companies, fashion showrooms, or professional tenants requiring scale, flexibility, and prime Broadway visibility.

Key Features

  • Total Size: ≈14,947 SF
  • Asking Rent: $80,000/Month
  • Annualized Rent: ≈$960,000
  • Effective Rent per SF: ≈$64/SF annually
  • Configuration: Expansive loft-style full-floor plate adaptable for open work areas, private offices, collaborative zones, or showroom use
  • Building: Landmark SoHo cast-iron building with strong architectural character and boutique co-tenancy
  • Visibility: Prestigious Broadway frontage with presence in one of Manhattan’s top creative districts

Lease & Terms

  • Base Rent: $80,000/Month (~$64/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: Positioned along SoHo’s Broadway corridor, steps from Prince, Spring, and Canal Streets. Surrounded by flagship retail, galleries, and destination dining.
  • Transit Access: Excellent connectivity to Canal Street (A/C/E, 1, J/Z, N/Q/R/W, 6) and Prince Street (R/W).
  • Neighborhood Demand: High demand from creative, media, fashion, and lifestyle tenants seeking large-scale SoHo floorplates.
  • Competitive Advantage: Rare 15,000 SF SoHo office loft at an efficient rent per SF, offering scale and prestige in a neighborhood where smaller suites dominate.

Summary

The 14,947 SF office suite at 524 Broadway, New York, NY 10012 is offered at $80,000/Month (~$64/SF annually). With its scale, full-floor loft character, and prime Broadway positioning, this property represents an exceptional opportunity for anchor tenants seeking a flagship office presence in SoHo.

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