464 West Broadway, New York, NY 10012 – SoHo
Asking Rent: $21,000/month
Space: 1,675 sq ft
Property Type: Retail (Ground Floor)
Rent per Sq Ft: $12.54/month ($150.48/sq ft annualized)
Property Overview
This 1,675-square-foot retail space at 464 West Broadway is a well-priced opportunity on one of SoHo’s most famous and heavily trafficked shopping streets. With an asking rent of $21,000 per month, it offers a comparative value for a substantial footprint in this prime retail corridor. The space is positioned for an established boutique brand, gallery, design showroom, or upscale cafe/restaurant that seeks high visibility and engagement with SoHo’s international shopper base without the extreme premium of a Broadway or Prince Street corner.
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Space Highlights
- Spacious ground-floor retail space of 1,675 sq ft on West Broadway, just south of Houston Street at the gateway to SoHo.
- Ample square footage for a flagship boutique, contemporary art gallery, home design showroom, or full-service restaurant.
- Likely features high ceilings, large street-front windows, and classic SoHo architectural character, providing an ideal canvas for creative merchandising and displays.
- Requires a significant custom build-out to create a compelling retail environment that can compete with neighboring luxury brands.
- The size allows for a spacious sales floor, potential mezzanine or back-office space, and room for immersive customer experiences.
Location & Neighborhood
- Prime SoHo location on West Broadway between Houston and Prince Streets, at the very northern edge of the prime shopping district.
- High-visibility position on a wide, bustling avenue with constant pedestrian and vehicle traffic.
- Surrounded by a mix of high-end retail (Rag & Bone, AllSaints), popular restaurants, and galleries.
- Extremely high foot traffic from tourists, local shoppers, and downtown residents, providing excellent exposure.
- Excellent transit access via the B/D/F/M, N/Q/R/W, 6 trains at Broadway-Lafayette/Bleecker St and Prince St stations.
- Walkable to NoHo, Greenwich Village, and the heart of SoHo.
Summary
Priced at $21,000/month ($12.54/sq ft/month), this 1,675 sq ft retail space at 464 West Broadway presents a strong value proposition for SoHo. The annualized rent of $150 per square foot is notably lower than many peer spaces in the district, likely due to its position on the northern border rather than the core shopping blocks further south. This space is ideal for a growing brand or established business ready to make a significant statement in SoHo but seeking a more efficient cost structure. Success requires a compelling concept and strong marketing to draw shoppers along this active stretch of West Broadway. It represents a strategic opportunity to secure a long-term, high-profile SoHo address with room to grow, at a cost that allows for investment in the business itself.
