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27388035
27388036

893 Broadway, New York, NY 10003

CP
MA 9533428
Atlantic Capital Partners
DT
MA 9569555
Atlantic Capital Partners
Listed by Atlantic Capital Partners
Unpriced
240 days on market
Updated 137 days ago

893 Broadway - New York, NY

Details
Property Type Office, Retail
Sub Type Storefront
Square Footage 25,442
Units 6
Occupancy 100%
Class B
Year Renovated 2018
Stories 5
Investment Type Stabilized

Offered For Sale: 893 Broadway | 25,442 SF Boutique Office & Retail | New York, NY

Marketing description

Atlantic Capital Partners has been exclusively engaged to market for sale 893 Broadway, a boutique retail and office building in the Flatiron District. Located on Broadway and East 19th Street just blocks from local landmarks including Union Square Park, The Flatiron Building and Madison Square Park, the five-story building features 25,442 square feet of retail and office space. Currently 100% leased, 893 Broadway presents investors with the opportunity to own 27.5 feet of prime frontage in the heart of the distinguished Flatiron District.

Originally built in the 1840s, the building was modified in 1873 to its current format that provides entrances on Broadway and East 19th Street. The Neo-Grec style building was home to Lord & Taylor from 1907-1915. After acquiring the Property in 2018, current ownership did a full gut renovation of the building including the complete replacement of mechanical, HVAC, electrical, fire detection and suppression systems. Additionally, the renovation included a full restoration of the cast iron façade, retail storefront, historic windows and sidewalk vault replacement. The transformation of the building is highlighted by the addition of a fifth floor penthouse that features terraces overlooking Broadway and East 19th street. The stunning renovation maintains the building’s Neo-Grec style that helps define the architectural and historic character of the Flatiron District, while also modernizing key infrastructure that will solidify its useful life for future owners

Investment highlights

  • Premier Boutique Retail & Office Asset in the Heart of the Flatiron District

  • Unique Investment Opportunity in Iconic Manhattan Flatiron District

  • High Traffic Area Anchored by Premier Retail & Entertainment

  • Fully Leased with Secure, Long-Term Cash Flow

  • Recently Renovated with Limited Future Capital Obligations

Listing Contacts

CP
MA 9533428
Atlantic Capital Partners
DT
MA 9569555
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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