Retail

451-453 West Broadway, New York, NY 10012 – SoHo
Asking Rent: $26,000/month
Space: 1,825 sq ft
Property Type: Retail (Ground Floor)
Rent per Sq Ft: $14.25/month ($171.00/sq ft annualized)

Property Overview

This 1,825-square-foot retail space at 451-453 West Broadway is a prominent boutique opportunity on SoHo’s most famous and heavily trafficked thoroughfare. With an asking rent of $26,000 per month, it is positioned for an established luxury brand, high-end gallery, designer boutique, or flagship concept store. The size and prestigious West Broadway address offer significant visibility and space for immersive retail experiences, targeting the international shoppers, tourists, and affluent locals that define SoHo’s customer base.

Space Highlights

• Prime ground-floor retail space of 1,825 sq ft with significant frontage on West Broadway.
• Ample square footage for a luxury fashion boutique with spacious displays and private fitting areas, an art gallery with viewing rooms, a designer home goods store, or a high-end beauty/concept store.
• Likely features classic SoHo architectural character (high ceilings, large windows) ideal for sophisticated visual merchandising.
• Requires a high-design, luxury build-out with premium materials and custom fixtures to compete with neighboring global flagships.
• The size allows for a flexible layout that can include a back-of-house office, storage, and a comfortable customer journey.

Location & Neighborhood

• Iconic SoHo location on West Broadway between Prince and Houston Streets, at the northern gateway to the prime shopping district.
• Situated on a block saturated with international retailers (Uniqlo, Nike, Bloomingdale’s The Outlet) and directly adjacent to prime shopping corridors.
• Extremely high foot traffic from a global mix of shoppers, tourists, and downtown residents.
• Surrounded by art galleries, acclaimed restaurants, and historic cast-iron architecture.
• Excellent transit access via the N/Q/R/W, 6, B/D/F/M trains at Prince St, Spring St, and Broadway-Lafayette stations.
• Walkable to NoHo, Greenwich Village, and the heart of SoHo.

Summary

Priced at $26,000/month ($14.25/sq ft/month), this retail space at 451-453 West Broadway commands a premium for its size and position on SoHo’s most vital retail artery. The annualized rent of $171 per square foot is competitive for West Broadway frontage and reflects the space’s potential to generate high sales volume. This opportunity is for an established brand or well-funded concept with a proven product and marketing strategy capable of capturing the attention of a discerning, high-spend audience. Success requires a compelling in-store experience and brand story to stand out in the most competitive retail environment in the world. It’s a chance to secure a long-term, high-profile presence in a global shopping destination.