Multi-family

  • $21,000,000
414, West Broadway, SoHo, Manhattan, New York County, City of New York, New York, 10012, United States
For Sale
Multi-family
414, West Broadway, SoHo, Manhattan, New York County, City of New York, New York, 10012, United States
  • $21,000,000

Description

An exceptional investment opportunity in the heart of Manhattan’s coveted SoHo district, this 2-star mid-rise apartment condo property is listed for $21,000,000 (approximately $3,500,000 per unit). Spanning 16,628 square feet over five stories, the property offers a prime location with significant growth and rental potential.

Property Overview:

  • Address: 414-416 W Broadway, New York, NY, 10012
  • Asking Price: $21,000,000
  • Sale Type: Investment
  • Gross Building Area (GBA): 16,628 SF
  • Property Type: 2-Star Mid-Rise Apartments Condo
  • Units: 6
  • Stories: 5
  • Typical Floor Size: 2,962 SF
  • Class: C
  • Location: Central Business District (CBD), SoHo
  • Market Segment: All
  • Rent Type: Market

Key Features:

  • Prime SoHo Location: Nestled in one of New York City’s most desirable neighborhoods, the property benefits from excellent walkability, high-end retail, world-class dining, and cultural attractions.
  • Spacious Units: With an average unit size of approximately 2,770 SF, these condos offer luxurious living or commercial potential tailored to premium clientele.
  • Solid Investment Potential: The property’s market-rate rent structure and prime location ensure steady income generation and long-term value appreciation.
  • Flexible Market Segment: Positioned to attract both residential and commercial tenants, maximizing its versatility and income streams.
  • Quality Construction: Built with a robust foundation and practical layout to accommodate a wide range of uses.

Investment Highlights:

414-416 W Broadway offers an unparalleled opportunity to own a piece of Manhattan’s iconic SoHo district. Its spacious units, excellent location, and market-driven rental potential make it an ideal asset for investors seeking stable returns in one of New York City’s most dynamic neighborhoods.

Contact us to arrange a tour or learn more about this outstanding investment property.

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