Retail

506 Broadway — SoHo / NoHo, Manhattan

Rent: $75,000 / month
Address: 506 Broadway, New York, NY 10012
Neighborhood: SoHo / NoHo

Property Details

• Size: 2,400 SF
• Property Type: Retail

Property Overview

This 2,400-square-foot retail space at 506 Broadway sits along one of downtown Manhattan’s most prominent shopping corridors. Broadway in this stretch works like a retail runway through SoHo and NoHo, making it ideal for brands that rely on visibility, prestige, and constant pedestrian traffic.

The space offers enough square footage to function like a full flagship showroom, with room for an expansive sales floor, display areas, fitting rooms or service zones, and back-of-house storage. A storefront on this corridor performs like a brand billboard in the center of downtown Manhattan retail activity.

Best-Fit Uses

At 2,400 SF, this space is well-suited for:

• Apparel or footwear flagship
• Beauty / skincare concept
• Luxury or lifestyle showroom
• Jewelry or accessories retailer
• Gallery / experiential retail
• Premium specialty retail brand

Quick Economics Snapshot

• Annual rent: $75,000 × 12 = $900,000/year
• Annual rent per SF: $900,000 ÷ 2,400 = $375/SF/year
• Monthly rent per SF: $75,000 ÷ 2,400 = $31.25/SF/month

Summary

506 Broadway offers 2,400 SF of prime retail space at $75,000 per month, making it a strong fit for brands seeking high-profile exposure in the SoHo / NoHo corridor. At this rent level, the space is best suited for operators with strong branding, high sales volume, and a flagship-style business model.