556 Broome Street
10,348 SqFt + 10,772 Air Rights
Marketing description
Cushman & Wakefield has been exclusively retained to arrange the sale of 556 Broome Street, a rare conversion opportunity located on the north side of Broome Street between 6th Avenue and Varick Street in Hudson Square, one of Manhattan’s most dynamic and rapidly evolving neighborhoods. The property is located at the convergence of SoHo, Tribeca, and the West Village, positioning it within one of the most desirable and supply-constrained sub-markets for boutique residential, creative office, hospitality, and mixed-use development.
556 Broome Street is a five-story building featuring a large elevator and a curb cut. The property spans approximately 10,348 square feet, with an additional ±10,772 square feet of unused air rights. The special Hudson Square District (HSQ) permits a variety of uses, creating a range of compelling conversion and value-add opportunities.
Hudson Square has emerged as a premier destination for major media, technology, and creative firms, catalyzed by Disney’s 1.3 million-square-foot headquarters development and Google’s ongoing campus expansion to the south along Hudson Street. The neighborhood blends industrial heritage with contemporary architecture, offering a walkable street-scape, a growing collection of luxury residential developments, and immediate access to world-class dining, retail, and transit options. Its strategic location and limited development pipeline make opportunities of this nature increasingly scarce.
556 Broome Street presents an opportunity to acquire a well-located asset with significant value-add potential in a sub-market experiencing sustained investment, tenant demand, and long-term growth.
Investment highlights
Prime Conversion Opportunity
Approximately 10,772 Square Feet of Air Rights
Located Between Hudson Square, Tribeca, and SoHo
Delivered Fully Vacant
Connectivity & Transit Access
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