Commercial Lease – 520 Broadway, New York, NY 10012
Asking Rent: $30,000/Month
Size: 5,539 SF
Lease Type: Office
Property Type: Creative Loft Office Space
Location: SoHo (10012)
Availability: Immediate
Property Overview
520 Broadway offers a 5,539 SF full-floor loft office in the center of SoHo’s Broadway corridor. Featuring open-plan space, oversized windows, and high ceilings, the property blends historic cast-iron character with modern office functionality.
This suite is ideal for creative firms, technology, media, fashion, or professional tenants seeking a larger-scale office presence in one of Manhattan’s most desirable neighborhoods.
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Key Features
- Total Size: ≈5,539 SF
- Asking Rent: $30,000/Month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$65/SF annually
- Configuration: Expansive loft floorplate adaptable for collaborative workspace, private offices, or showroom use
- Building: Classic SoHo cast-iron building with boutique tenancy profile
- Visibility: Prime Broadway address with prestige and accessibility
Lease & Terms
- Base Rent: $30,000/Month (~$65/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: Heart of SoHo along Broadway, surrounded by world-class retail, galleries, and dining destinations.
- Transit Access: Steps from Canal Street (A/C/E, 1, J/Z, N/Q/R/W, 6) and Prince Street (R/W).
- Neighborhood Demand: Strong demand from creative agencies, fashion showrooms, media companies, and boutique firms.
- Competitive Advantage: Rare 5,500+ SF SoHo loft office offering scale at an efficient rent per square foot.
Summary
The 5,539 SF office suite at 520 Broadway, New York, NY 10012 is offered at $30,000/Month (~$65/SF annually). With its full-floor loft configuration, SoHo character, and prime Broadway positioning, this property represents an excellent opportunity for larger creative or professional tenants seeking a flagship downtown office presence.
