738 Broadway #1

738 Broadway is a 25-foot wide, five-story, elevated condominium building located in Manhattan’s Historic District of NoHo, between Waverly Place and Astor Place. The fee simple interest in both the 2,200-square foot ground-floor retail unit and its connected 1,800-square foot selling basement are being sold. The unit features both an internal stairwell and a handicap-accessible elevator connecting the basement and upper floors. 2,200 square feet of retail space which is currently occupied by a David Z shoe store and a selling basement with a soaring 13-foot ceiling height is currently being used as storage space. Directly outside of the building’s entrance is the 8th Street subway station for the “N” and “R” transit lines, while the Astor Place “6” train stop is two blocks away. Due to its proximity to New York University, across the street from the Tisch School of Arts, the area is frequented heavily by college students and ensures significant upside for the ground-floor shoe store already in place. The owner is willing to occupy the store on a short term basis following closing which will provide an owner-occupant or investor to experience minimal down-time.