Commercial Investment Property for Lease – 611 Broadway, New York, NY 10012
Asking Rent: $200,000 / Month
Price per Sq. Ft.: ~$168 / SF (Annualized)
Space Available: 14,254 Sq. Ft.
Lease Type: Commercial / Flagship Retail or Office
Location: NoHo / Greenwich Village Border
Availability: Immediate
Property Overview
611 Broadway offers a prime 14,254 sq. ft. flagship commercial space in the heart of NoHo, one of Manhattan’s most sought-after retail and cultural corridors. With high ceilings, expansive floor plates, and commanding Broadway frontage, this property provides a rare large-format opportunity suitable for national retailers, showrooms, entertainment venues, or creative office users.
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Positioned between SoHo, Greenwich Village, and Union Square, this location benefits from a diverse mix of affluent residents, students, tourists, and professionals, ensuring strong and consistent traffic.
Key Features
- Total Space: 14,254 sq. ft.
- Asking Rent: $200,000 / month (approx. $2.4M annually)
- Price per SF: ~$168 (annualized)
- Frontage: Prominent Broadway visibility with signage opportunities
- Use Flexibility: Flagship retail, showroom, dining, entertainment, or creative office
- Condition: Ready for immediate tenant build-out
Market Profile
- Tenant Opportunities: Best suited for luxury retail, fashion flagships, tech/lifestyle brands, fitness concepts, or institutional tenants
- Demand Profile: NoHo/SoHo remains one of NYC’s premier retail corridors, with global brands competing for limited space
- Comparable Rents: Prime Broadway spaces in SoHo/NoHo often command $150–$250/SF depending on frontage and condition
Financial Highlights
- Monthly Rent: $200,000
- Annualized Rent: $2,400,000
- Price per SF: ~$168 (annualized)
- Lease Terms: Negotiable (long-term flagship preferred)
- Upside Potential: Rare large block of space in NoHo with premium demographics and enduring global retail demand
Location Advantages
- Neighborhood: NoHo / Greenwich Village border, minutes from SoHo and Union Square
- Transit: Access to N/Q/R/W, 6, B/D/F/M subway lines within walking distance
- Surroundings: Surrounded by luxury retailers, NYU campus, creative offices, and cultural venues
- Foot Traffic: Exceptionally strong mix of tourists, students, residents, and shoppers
Summary
The 14,254 sq. ft. commercial space at 611 Broadway represents a premier flagship retail/office leasing opportunity in one of Manhattan’s most in-demand corridors. At $200,000/month (~$168/SF), it offers scale, prestige, and unmatched visibility in the NoHo/SoHo submarket. With strong global retail demand and a high-income residential base, the property is ideal for tenants seeking long-term brand presence in New York City.
