426 West Broadway

Entire Space:

Ground Level: 4,750 SF

Selling Lower Level: 3,350 SF

Unit Breakdown:

NORTH STORE | AVAILABLE | RETAIL

Ground Level: 3,750 SF

Selling Lower Level: 900 SF

Frontage: 24’

Ceiling Height: 13’

Possession: Immediate

Asking Rent: Please Inquire

SOUTH STORE | LEASED | RETAIL

Ground Level: 1,000 SF

Selling Lower Level: 928 SF

Frontage: 15’

Ceiling Height: 13’

Lease Expiration: 9/1/25 or 9/1/27 (if option is exercised)

Current Rent: Undisclosed

SUITE B | LEASED | OFFICE/RETAIL

Selling Lower Level: 642 SF

Lease Expiration: August 31, 2025

Current Rent: $25,075/Year, $20.90/SF

SUITE C | LEASED | OFFICE/RETAIL

Selling Lower Level: 874 SF

Lease Expiration: August 31, 2029

Current Rent: $22,006/Year, $18.34/SF

Income:

South Store: $206,000

North Store (Projected at $192/SF): $720,000

Basement B: $25,075

Basement C: $22,006

Total Income: $973,081

RE Taxes (24/25): $291,653

Condo Fees: $58,668

Total Expense: $350,321

Projected NOI: $622,760

Sales Price: $9,950,000

Projected Cap Rate: $6.26%

• Bi-level property offering up to 8,100 SF of selling space
• Sale includes two recording studios in the lower level that are currently rented
• Spectacular all-glass frontage and high ceilings on both levels
• Prominent location in central Soho
• Flexibile divisions. Currently built as two stores and three offices
• Great used or investor opportunity