Commercial Investment Property for Lease – 625 Broadway, New York, NY 10012
Asking Rent: $60,000 / Month
Sale Type: Lease – Retail / Commercial Opportunity
Property Type: Ground-Floor Retail / Showroom Space
Location: Urban – NoHo / SoHo Border, Manhattan (10012)
Availability: Immediate
Property Overview
625 Broadway offers a large-format 8,285 SF retail leasing opportunity in the vibrant SoHo/NoHo corridor. With its expansive footprint and prime Broadway exposure, the property is ideal for anchor tenants, experiential retailers, or brand showrooms seeking high visibility in one of Manhattan’s most trafficked shopping destinations.
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This location provides a rare balance of size and positioning, as most SoHo spaces cater to boutique-scale tenants. The unit is well-suited for multi-concept retail, galleries, fitness/wellness brands, or technology/lifestyle showrooms.
Key Features
- Total Size: 8,285 SF
- Asking Rent: $60,000/month (~$87/SF annualized)
- Property Type: Ground-floor retail / showroom
- Location: Broadway frontage between SoHo and NoHo
- Visibility: Exceptional pedestrian and vehicular exposure
- Configuration: Large open floor plan with flexible layout options
Market Profile
- Property Type: Large-format retail in one of NYC’s strongest leasing markets
- Target Tenant Base: Anchor tenants, fashion houses, experiential retail, health & wellness brands, galleries
- Neighborhood Demand: Broadway’s SoHo-NoHo corridor continues to draw global retail interest due to heavy tourist and local traffic
- Competitive Advantage: One of the larger available floor plates in SoHo/NoHo, providing flexibility rarely available in this submarket
Financial Highlights
- Asking Rent: $60,000 per month
- Annualized Rent: $720,000
- Rent per SF (Annualized): ~$87/SF
- Lease Type: Typically NNN or modified gross (to be negotiated)
- Upside Potential: Long-term appreciation as large-scale SoHo spaces remain scarce, driving tenant competition
Location Advantages
- Neighborhood: SoHo / NoHo – premier cultural and retail hub in Lower Manhattan
- Proximity: Steps from Houston Street, surrounded by luxury retail, dining, and creative office spaces
- Transit: Excellent subway access (B, D, F, M, N, R, W, 6 lines) and strong connectivity to other Manhattan retail districts
- Tenant Demand: Driven by both international brands and local emerging retailers seeking flagship footprints
Summary
The 8,285 SF retail property at 625 Broadway, New York, NY is offered for lease at $60,000/month (~$87/SF annually), presenting a rare opportunity to secure a large-format retail presence in one of Manhattan’s busiest corridors. With prime Broadway frontage, expansive floor plates, and unmatched visibility, this property is a compelling option for anchor tenants or brands seeking a flagship destination in SoHo/NoHo.
