Multi-family

Prime NoHo Condo Investment Opportunity – 712 Broadway

Address: 712 Broadway, New York, NY, 10003
Asking Price: $13,500,000 (for 2 condominium units)
Sale Type: Investment Sale
Type: 2-Star Mid-Rise Apartments (Condo Ownership)
Location: CBD – NoHo / Greenwich Village
Units in Building: 18
Stories: 11
Building Class: C
Gross Building Area (GBA): 30,437 SF
Typical Floor Plate: 2,435 SF
Number of Buildings: 1
Units per Acre: 113/AC
Rent Type: Market Rate
Market Segment: Institutional Investors, Private Capital, 1031 Exchange, Mixed-Use Portfolios

Property Overview:

712 Broadway offers a rare opportunity to acquire two high-value condominium units within a boutique 18-unit building in NoHo—one of Manhattan’s most tightly held and historically significant neighborhoods. These market-rate, income-producing assets are located in a prewar mid-rise with long-term upside and excellent tenant appeal. The offering presents a strategic opportunity for long-term hold or partial repositioning.

Investment Highlights:

✔ Price: $13.5M for 2 condominium units within a 30,000+ SF building
✔ Location: Prime NoHo block with consistent demand and limited inventory
✔ Stabilized Market-Rate Tenancy: Strong rental income with premium tenant profiles
✔ Asset Quality: Prewar character with modern upgrades and condo ownership protections
✔ Flexible Hold Strategy: Ideal for 1031 exchange, estate planning, or institutional diversification

Location Benefits:

✔ Located between Washington Place and Astor Place—steps to NYU, SoHo, and Union Square
✔ Surrounded by major retail, entertainment, and academic institutions
✔ High-demand, low-supply market with strong historical value appreciation
✔ Near B, D, F, M, N, R, W, and 6 subway lines

Highlights:

✔ $13.5M offering price for 2 condo units in a core Manhattan market
✔ Located in a full-floor, elevator-serviced prewar condo building
✔ Strong rental history with stable cash flow and upside in future re-leasing
✔ Excellent long-term asset in a prestigious and tightly zoned neighborhood

Conclusion:

712 Broadway provides investors with the opportunity to secure a foothold in one of Manhattan’s most exclusive residential submarkets. With strong cash flow, exceptional location, and long-term ownership flexibility, these two condominium units offer rare scale and quality in the heart of NoHo.

Request a full offering memorandum, rent roll, or to schedule a private tour.