298 Broome St, New York, NY 10002

Available for the first time in 35 years, 298 Broome Street offers a generational acquisition or flagship leasing opportunity in the heart of Manhattan’s vibrant Lower East Side. Situated between Eldridge and Forsyth Streets, this premier asset features a rare curb cut and indoor parking—providing an unmatched logistical advantage in a high-foot-traffic corridor surrounded by the neighborhood’s most celebrated culinary, hospitality, and nightlife destinations.

The existing structure delivers over 11,000 square feet of highly adaptable, contiguous space. The ground floor spans 5,087 square feet of column-free layout featuring soaring 18-foot ceilings and excellent street-level visibility. This is complemented by a 1,050-square-foot mezzanine (ideal for creative offices or back-of-house operations) and a robust, full-height 5,000-square-foot basement equipped with 9-foot ceilings and dual staircases for optimal circulation. Additionally, a clean, flat roof offers premium potential for outdoor amenities or a specialized activation space.

Positioned within flexible C4-4A zoning, the property is highly adaptable for flagship retail, a luxury art gallery/showroom, creative headquarters, or a hospitality concept. For developers and investors, the property offers immediate turn-key utility alongside massive upside potential; with a 4.0 Floor Area Ratio (FAR), the lot supports a total ground-up buildable footprint of up to 20,348 square feet for residential, hotel, or mixed-use development. Excellent transit connectivity via the J, Z, B, D, F, and 6 subway lines ensures seamless accessibility from all points of the Tri-State area.