The property’s open layout, high ceilings, and classic SoHo cast-iron architecture make it ideal for fashion houses, direct-to-consumer brands, art galleries, luxury goods, experiential retail, and brand activations.
Key Features
- Total Size: 2,250 SF
- Asking Rent: $50,000/month ($600,000 annually)
- Price per SF: ~$267 annually
- Use Flexibility:
- Luxury fashion
- Boutique retail
- Designer showroom
- Art gallery
- Beauty / fragrance brand
- Lifestyle or experiential flagship
- Frontage: Exceptional Broome Street presence
- Ceilings: High ceilings (typical SoHo loft proportion)
- Layout: Open floor plate ideal for display + merchandising
- Condition: Premium-level retail; ready for customization
- Architecture: Classic SoHo cast-iron building with iconic appeal
Market Profile
Target Tenants:
- Luxury & contemporary fashion brands
- High-end cosmetics or fragrance companies
- Art galleries & creative showrooms
- Direct-to-consumer e-commerce brands establishing physical presence
- Boutique jewelry / accessories
- Experiential retail & pop-up flagships
Neighborhood Demand:
SoHo remains Manhattan’s strongest luxury retail market, attracting global brands and premier fashion houses. Broome Street is a heavily trafficked shopping corridor connecting West Broadway, Mercer, Crosby, and Greene Streets.
Competitive Advantage:
At $50,000/month, this offering delivers a rarely available SoHo flagship-sized storefront with high foot traffic and prestige-level street presence—ideal for brand identity and sales volume.
Financial Highlights
- Monthly Rent: $50,000
- Annual Rent: $600,000
- Price per SF: ~$267 / SF annually
- Lease Terms: Long-term direct lease available
- Additional Costs: Utilities + potential tax/CAM pass-throughs (verify with landlord)
Location Advantages
Neighborhood: SoHo – Broome Street Corridor
Proximity:
- Surrounded by major luxury fashion brands
- Steps to Broadway, West Broadway, Crosby Street, and Mercer Street
- Near designer flagships, boutique hotels, cafés, galleries, and upscale retail
- High tourist + local shopper activity
Transit:
- Near R/W, N/Q, 6, J/Z, A/C/E lines
- Easy access to Canal Street hubs
Foot Traffic:
- Extremely strong daily + weekend pedestrian volume
- Continuous tourist flow
- High-value retail clientele
Summary
The 2,250 SF flagship retail space at 472–474 Broome Street offers premium exposure in the core of SoHo, priced at $50,000/month (~$267/SF annually). With a wide storefront, open loft layout, and iconic cast-iron architecture, this location is ideal for luxury retail, fashion brands, galleries, or experiential concepts seeking a landmark SoHo presence.