738 Broadway - 738 Broadway, New York, NY 10003

OUTSTANDING FOOT TRAFFIC
Pedestrians are funneled past the Property as they travel between Washington Square Park/NYU and Astor Place/St. Marks Place/East Village, delivering exceptional retail exposure.. ADJACENT SUBWAY ENTRANCE
An entrance to the popular Eighth Street-NYU subway station is located immediately outside of the Property, with the storefront’s main display window above the subway’s entrance stairs.. PREMIUM INSTALLATION
The Property’s bi-level 3,877 square foot storefront has been beautifully built out, with polished concrete floors, back-lit displays, and a signature glass-enclosed elevator servicing the lower level.. HIGH CEILINGS
The appeal of the selling space is enhanced by the 15-foot ceilings on the ground floor and unusually generous 18-foot ceilings on the lower level.. POWERFUL DEMAND DRIVERS
The Property enjoys outstanding captive demand from NoHo’s wealthy residents, international and domestic tourists, and the growing number of young creative professionals working in the district.. NEW YORK UNIVERSITY
The storefront is located across Broadway from the massive NYU campus, with 60,000 staff and students delivering strong shopping demand.. LOW TAXES
The Property is classed “2C” for real estate tax purposes, limiting future tax increases to the benefit of ownership -- current real estate taxes of just $28,321 per year.. OWNER/OCCUPIER OPPORTUNITY
The Property has the location, quality, and size to support purchase by an owner/occupier wishing to take advantage of the many benefits of commercial condominium ownership.. LEASEBACK POTENTIAL
Current owner/occupier Inokim is willing to lease back the unit on a short-term basis to cover carrying costs while new ownership’s plans are enacted.. MANAGEABLE LEVEL OF CAPITAL INVESTMENT
Very rare opportunity to acquire a prime NoHo commercial asset at a seven-figure purchase price welcoming to both users and investors.