Cushman & Wakefield has announced that it was awarded an exclusive contract to market a retail property of 10,181 square feet located at 470 Broadway.
Cushman & Wakefield will lead the marketing efforts for the seller with Hunter Moss Robert Burton Michael Gembecki, and Bobby Carrozzo.
Moss said that this property gives investors a rare opportunity to own over 33 feet in frontage on a prime street, right in the heart SoHo. SoHo is renowned for its shopping and tourist attractions. This property, surrounded by some of the most coveted brands in the world, is a great investment for retailers who want to establish themselves prominently in one of New York City’s most desired retail destinations.
470 Broadway, a two-story retail building with a basement, is comprised of two floors. The property is 3,350 square foot on the first floor, 3,350 on the second and 3,481 in the basement.
The property is located between Broome Street and Grand Street and is surrounded with a variety of local and international businesses. The asset is located within walking distance of a variety of subway lines, including the 6, Z and J trains.
The property will be sold through Ten-X at the auction on June 5 th.