506 Broadway — SoHo / NoHo, Manhattan
Rent: $75,000 / month
Address: 506 Broadway, New York, NY 10012
Neighborhood: SoHo / NoHo
Property Details
- Size: 2,400 SF
- Property Type: Retail
Property Overview
This 2,400-square-foot retail space at 506 Broadway sits along one of downtown Manhattan’s most prominent shopping corridors. Broadway in this stretch works like a retail runway through SoHo and NoHo, making it ideal for brands that rely on visibility, prestige, and constant pedestrian traffic.
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The space offers enough square footage to function like a full flagship showroom, with room for an expansive sales floor, display areas, fitting rooms or service zones, and back-of-house storage. A storefront on this corridor performs like a brand billboard in the center of downtown Manhattan retail activity.
Best-Fit Uses
At 2,400 SF, this space is well-suited for:
- Apparel or footwear flagship
- Beauty / skincare concept
- Luxury or lifestyle showroom
- Jewelry or accessories retailer
- Gallery / experiential retail
- Premium specialty retail brand
Quick Economics Snapshot
- Annual rent: $75,000 × 12 = $900,000/year
- Annual rent per SF: $900,000 ÷ 2,400 = $375/SF/year
- Monthly rent per SF: $75,000 ÷ 2,400 = $31.25/SF/month
Summary
506 Broadway offers 2,400 SF of prime retail space at $75,000 per month, making it a strong fit for brands seeking high-profile exposure in the SoHo / NoHo corridor. At this rent level, the space is best suited for operators with strong branding, high sales volume, and a flagship-style business model.
