521 Broadway, New York, NY 10012

Cushman & Wakefield has been exclusively retained to arrange the sale of 521 Broadway, a mixed-use, elevator building located on the west side of Broadway just south of Spring Street in the SoHo neighborhood of Manhattan.

The property spans approximately 13,730 gross square feet above-grade and features 4 commercial office units above retail. The building is 100% occupied with a weighted average lease term (WALT) of 1.6 years for the office component, offering prospective buyers both immediate cash flow and near-term upside with the ability to increase rents.

The retail space is anchored by Manière De Voir, a world-renowned fashion brand, who just signed a long-term 10-year lease, thereby providing exceptional cash-flow stability with prestigious tenancy.

The property recently underwent a significant renovation, which blends a modern, high-end design with a classic SoHo aesthetic.

Along with the ±17,428 square feet of unused air rights, this offering represents a rare opportunity to acquire a fully leased, cash-flowing property with potential upside in office rents.

Strategically located nearby one of the most valuable retail corridors in the entire city, the property is uniquely positioned to capitalize on Broadway’s foot traffic and Spring Street’s renowned luxury retail co-tenancy.