This 43-story Class A office tower was constructed in 1950 and features approximately 1.1 million square feet, with over 30,000 square feet of retail space . The building recently underwent a $30 million renovation, including a new lobby, improved façade, modernized elevators, and redesigned retail storefronts . The transformation has turned the Broadway street frontage into a curated retail and dining destination, making this a highly desirable location for market-leading firms in the technology and creative sectors .

Key Features

Prime Garment District / Times Square South Location

• Situated on Broadway in the Garment District, also referred to as the Times Square South submarket, serving as a dynamic hub of technology, creativity, and commerce
• A full block between 38th and 39th Streets, providing exceptional pedestrian and vehicular visibility
• Short walking distance to Bryant Park, Penn Station, Times Square, and the Herald Square shopping corridor
• The Garment District is experiencing a renaissance, attracting high-quality, global brands and companies to the area

Strong Foot Traffic & Commercial Activity

• Consistent pedestrian traffic generated by:
• Thousands of daily commuters passing through Penn Station
• Office workers from surrounding corporate headquarters
• Tourists visiting Times Square and nearby attractions
• Shoppers in the Garment District and Herald Square
• The building’s retail component has been transformed from large-format spaces into smaller, high-demand retail units that are attracting top-tier food concepts and retailers
• Current and past ground-floor tenants include Luke’s Lobster, Gregorys Coffee, Juice Generation, ‘wichcraft, and Capital One, demonstrating the location’s successful retail viability

Versatile Retail Layout – 1,231 SF

• Approximately 1,231 SF of flexible ground-floor retail space
• The space is part of a highly curated retail environment, situated alongside other successful food and retail concepts
• Excellent storefront visibility with redesigned retail storefronts that are part of the building’s recent renovation
• At approximately $32.50 per square foot, this represents a competitive rate for a premium retail space in this highly sought-after Midtown location

Excellent Transit Access

• Unparalleled connectivity with immediate access to multiple subway lines:
• 1, 2, 3 trains at nearby stations
• A, C, E trains at Penn Station
• B, D, F, M, N, Q, R, W trains at Herald Square / 34th Street
• Multiple MTA bus routes serve Broadway and Sixth Avenue
• Easy connectivity to all of Manhattan, Brooklyn, Queens, and the broader NYC metropolitan area

Diverse & High-Value Customer Base

This premier Midtown location serves a broad and high-value customer base including:

• Office workers and corporate professionals
• Commuters and transit users
• International tourists
• Garment District fashion professionals
• Tech and creative industry professionals
• Shoppers and diners from the surrounding area

Ideal For Businesses Such As

• Coffee shop or café
• Fast-casual restaurant
• Specialty food retailer
• Boutique retail
• Beauty or skincare salon
• Professional services office
• Technology showroom
• Convenience store or deli
• Medical or wellness practice

Highlights

✔ 1,231 SF of prime retail space on Broadway in the Garment District
✔ $40,000/month — competitive pricing at approximately $32.50 per square foot
✔ Located in a 43-story Class A tower with 1.1 million square feet
✔ Steps from Penn Station, Times Square, and Bryant Park
✔ Recently renovated building with new lobby, storefronts, and modernized elevators
✔ Surrounded by successful retailers and high-profile food concepts
✔ Excellent access to multiple subway lines and bus routes
✔ Strong foot traffic from commuters, office workers, and tourists
✔ Garment District — one of Manhattan’s most dynamic and centrally located neighborhoods
✔ The building has attracted high-quality, global brands as tenants

Conclusion

1407 Broadway offers an excellent opportunity to establish a retail presence in one of Midtown Manhattan’s most dynamic and accessible locations. With 1,231 SF of flexible retail space, a prime Broadway location on a full block between 38th and 39th Streets, outstanding transit access, and a diverse customer base that includes commuters, office workers, and tourists, this property is ideally positioned for success in the heart of the Garment District.

Whether you’re opening a coffee shop, fast-casual restaurant, specialty food retailer, boutique, or service-oriented business, this prime Broadway location provides the visibility, accessibility, and neighborhood energy needed to thrive in one of New York City’s most vibrant commercial districts.

Contact us today to schedule a private tour and secure this outstanding Garment District retail opportunity!