Commercial Investment Property for Lease – 809 Broadway, New York, NY 10003

Asking Rent: $30,000 / Month
Sale Type: Lease – Retail / Commercial Opportunity
Property Type: Ground-Floor Retail / Showroom Space
Location: Urban – Greenwich Village / Union Square Corridor, Manhattan (10003)
Availability: Immediate

Property Overview

809 Broadway presents a 3,612 SF retail leasing opportunity positioned between Union Square and Greenwich Village, one of Manhattan’s most vibrant and high-traffic corridors. With its prime Broadway frontage, the property offers strong pedestrian exposure and visibility for brands targeting both local residents and destination shoppers.

The space is flexible and well-suited for apparel, lifestyle, fitness, or experiential retail concepts. Its medium-scale footprint bridges the gap between small boutique storefronts and large anchor spaces, making it ideal for tenants who want presence without oversizing.

Key Features

• Total Size: 3,612 SF
• Asking Rent: $30,000/month (~$100/SF annualized)
• Property Type: Ground-floor retail / showroom
• Location: Broadway frontage near Union Square and Greenwich Village
• Visibility: Excellent foot traffic from students, professionals, and tourists
• Configuration: Open floor plan adaptable for retail, service, or experiential use

Market Profile

• Property Type: Mid-size retail in a mixed residential, commercial, and cultural hub
• Target Tenant Base: Fashion/lifestyle brands, boutique fitness, health & wellness, specialty retail, experiential concepts
• Neighborhood Demand: Union Square/Greenwich Village remains one of NYC’s strongest retail markets, with a mix of students, professionals, and international visitors
• Competitive Advantage: Medium-size floor plate offers flexibility for tenants priced out of SoHo while still capturing Broadway exposure

Financial Highlights

• Asking Rent: $30,000 per month
• Annualized Rent: $360,000
• Rent per SF (Annualized): ~$100/SF
• Lease Type: Typically NNN or modified gross (to be negotiated)
• Upside Potential: Strong tenant demand and rent stability supported by Union Square’s mixed-use environment and high traffic flow

Location Advantages

• Neighborhood: Greenwich Village / Union Square – cultural, retail, and academic hub of Manhattan
• Proximity: Near Union Square Park, NYU, Washington Square Park, and major retail corridors
• Transit: Excellent subway access (4, 5, 6, L, N, Q, R, W lines), plus strong pedestrian volume
• Tenant Demand: Driven by students, local professionals, residents, and tourists, creating a diversified consumer base

Summary

The 3,612 SF retail unit at 809 Broadway, New York, NY is offered at $30,000/month (~$100/SF annually), delivering a rare opportunity to secure a medium-scale retail presence along one of Manhattan’s busiest corridors. With Broadway frontage, flexible layout, and strong neighborhood demand, this property is ideal for tenants seeking long-term stability and high visibility in the Union Square/Greenwich Village market.