Commercial Lease – 524 Broadway, New York, NY 10012
Asking Rent: $80,000/Month
Size: 14,947 SF
Lease Type: Office
Property Type: Full-Floor Creative Loft Office
Location: SoHo (10012)
Availability: Immediate
Property Overview
524 Broadway offers a 14,947 SF full-floor loft office in one of SoHo’s premier cast-iron buildings. With soaring ceilings, expansive floorplates, and abundant natural light from oversized windows, this property provides a rare opportunity for a large-scale tenant to establish a flagship presence in SoHo’s creative and commercial core.
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The space is ideal for technology firms, creative agencies, media companies, fashion showrooms, or professional tenants requiring scale, flexibility, and prime Broadway visibility.
Key Features
- Total Size: ≈14,947 SF
- Asking Rent: $80,000/Month
- Annualized Rent: ≈$960,000
- Effective Rent per SF: ≈$64/SF annually
- Configuration: Expansive loft-style full-floor plate adaptable for open work areas, private offices, collaborative zones, or showroom use
- Building: Landmark SoHo cast-iron building with strong architectural character and boutique co-tenancy
- Visibility: Prestigious Broadway frontage with presence in one of Manhattan’s top creative districts
Lease & Terms
- Base Rent: $80,000/Month (~$64/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: Positioned along SoHo’s Broadway corridor, steps from Prince, Spring, and Canal Streets. Surrounded by flagship retail, galleries, and destination dining.
- Transit Access: Excellent connectivity to Canal Street (A/C/E, 1, J/Z, N/Q/R/W, 6) and Prince Street (R/W).
- Neighborhood Demand: High demand from creative, media, fashion, and lifestyle tenants seeking large-scale SoHo floorplates.
- Competitive Advantage: Rare 15,000 SF SoHo office loft at an efficient rent per SF, offering scale and prestige in a neighborhood where smaller suites dominate.
Summary
The 14,947 SF office suite at 524 Broadway, New York, NY 10012 is offered at $80,000/Month (~$64/SF annually). With its scale, full-floor loft character, and prime Broadway positioning, this property represents an exceptional opportunity for anchor tenants seeking a flagship office presence in SoHo.
