Retail

429 Broome Street — SoHo / Hudson Square, Manhattan

Rent: $50,000 / month
Address: 429 Broome Street, New York, NY 10013
Size: 7,000 sq ft
Property Type: Retail

Property Overview

This is a large-format 7,000 SF retail space on/near the Broome Street corridor, positioned for a flagship retail, showroom, or high-volume destination concept. At this size, layout and frontage matter a lot—confirm how much is ground floor vs. lower level, and whether there are columns, ceiling height, and rear loading.

Best-Fit Uses (7,000 SF)

• Flagship apparel / footwear / lifestyle brand
• Luxury or contemporary showroom (furniture, lighting, design)
• Fitness / wellness studio with retail component (if permitted)
• Beauty superstore / med-spa concept (use/building permitting)
• Gallery / experiential retail

Quick Economics Snapshot

• Annual rent: $50,000 × 12 = $600,000/year
• Annual rent per SF: $600,000 ÷ 7,000 = ~$85.71/SF/year
• Monthly rent per SF: $50,000 ÷ 7,000 = ~$7.14/SF/month

Key Notes to Confirm

For a 7,000 SF retail deal, these points are critical:

• Breakdown of square footage (ground floor vs. lower level)
• Frontage and ceiling height
• Venting (if any food/beverage use is planned)
• Electrical/HVAC capacity
• Landlord work / tenant improvement contribution (if any)
• Delivery condition (white box vs. raw)
• Use restrictions and required approvals

Summary

429 Broome Street offers 7,000 SF retail at $50K/month, pricing around ~$85.71/SF/year—a strong fit for a flagship/showroom or other destination retail that can leverage high visibility and scale.