89 BroadwayNew York, NY 10021

Property Details for 89 Broadway

Year built

1910

Lot size

0.05 AC

Property size (Sq ft)

9,218 SF

Zone code

C61G

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

00282-0032

APU

2820032

Description

This exceptional 2,800-square-foot office space at 89 Broadway in New York City's vibrant Financial District offers a unique blend of modern design and classic loft appeal. Located in New York County, zip code 10021, this single-tenant space is situated in a brand-new building and boasts a full floor layout. The space features floor-to-ceiling corner windows offering stunning city skyline and bridge views. High exposed ceilings, exposed brick, and sleek industrial steel beams contribute to the sophisticated aesthetic. A massive private terrace provides an unparalleled outdoor amenity. The open layout is highly adaptable, allowing for customization to suit diverse business needs. Above-standard electrical and technological installations ensure seamless functionality. The property is classified as both Executive and Creative Office space, and is ideal for businesses seeking a prestigious and inspiring work environment. This is a truly remarkable opportunity to secure a premier office space in a prime New York City location. The building is a new construction.

• CAP approach

  CAP return

  Valuation

  6%

  $1,889,773

  6.5%

  $1,744,406

  7%

  $1,619,806

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,866,857

  Geo Method

  $1,866,857

• Alternative Use

  Use

  Valuation

  Residential

  $1,744,406

  Hospitality

  $1,597,867

  Educational

  $1,329,406

  Medical

  $1,375,127

  Retail

  $2,067,965

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7135

Longitude

-73.9937

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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