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.
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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.
