247 W Broadway — Tribeca, Manhattan (Broadway Corridor)
Price: $25,000/month
Type: Retail / Commercial Storefront
Size: 1,950 SF
Location: Tribeca – Broadway Corridor (near Canal St / Chambers St zone)
Location Description
247 W Broadway is located in Tribeca, one of Downtown Manhattan’s most established and high-income neighborhoods, known for its blend of luxury residential buildings, boutique storefronts, and destination dining. The Broadway corridor here benefits from steady pedestrian flow tied to local residents, nearby offices, and visitors moving between Tribeca, SoHo, and Civic Center.
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This is an especially strong retail environment for brands that want a polished downtown presence with consistent neighborhood demand and strong street visibility.
Retail & Business Use
At 1,950 SF, the space supports a wide range of retail and service concepts, including:
- Boutique retail (apparel, lifestyle, beauty, specialty goods)
- Showroom-style retail or gallery concept
- Wellness / studio / service retail (fitness, pilates, salon, medical-wellness)
- Café/food concept (subject to venting, permits, and build-out conditions)
This footprint typically allows for a generous selling floor plus back-of-house storage, office, or prep space.
Financial Details
- Asking rent: $25,000/month
- Approx. rent per SF (annualized): ~$153.85/SF/year (calculated from $25,000 × 12 ÷ 1,950 SF)
Neighborhood Highlights
Nearby demand drivers typically include:
- Strong local spending power from Tribeca’s residential base
- Destination restaurants and boutique shopping throughout Tribeca/SoHo
- Close proximity to Hudson River Park and waterfront foot traffic
- High visibility for brands seeking a downtown flagship feel
Transportation
Excellent transit access typically includes:
- 1 / 2 / 3 trains (Chambers St)
- A / C / E trains (Canal St / Chambers St area, depending on route)
- R / W trains (City Hall / Cortlandt connections)
- Multiple bus routes along Broadway and nearby cross streets
Summary
247 W Broadway offers 1,950 SF of Tribeca retail for $25,000/month, delivering a prime Downtown Manhattan storefront in a high-demand neighborhood. With strong visibility, consistent local foot traffic, and excellent transit access, this space is well suited for boutique retail, showroom concepts, or service-oriented tenants seeking a flagship Tribeca presence.
