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2322 Broadway - The Henry Residences 5,814 SF Retail Condo Unit in New York, NY 10024
Investment Highlights
- Two retail condominium units are fully leased to established retail operators.
- The property benefits from prominent Broadway frontage and visibility.
- Strong neighborhood demographics support long-term tenant demand.
- New 10-year leases provide stable long-term income.
- The asset is located within a highly sought-after Manhattan retail corridor.
- Immediate cash flow is supported by creditworthy retail occupancy.
Executive Summary
2322 Broadway is a mixed-use property located along one of Manhattan's most established retail corridors. The building benefits from exceptional visibility, strong pedestrian traffic, and immediate access to a dense residential population that supports year-round retail activity. Surrounded by national retailers, neighborhood-serving businesses, restaurants, and entertainment destinations, the property occupies a highly sought-after Upper West Side location. The asset features attractive architecture, prominent frontage, and a strategic position within a mature commercial district known for limited retail supply and strong tenant demand. Residents, visitors, and commuters contribute to a diverse consumer base, enhancing the property's long-term appeal. The surrounding neighborhood continues to attract retailers seeking high-profile Manhattan locations with stable demographic fundamentals. Its combination of accessibility, visibility, and placement within a well-established urban environment positions the property as a notable retail destination.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A & B | 5,814 SF | Retail | Upon Request | - |
Unit A & B
| Unit Size |
| 5,814 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit A & B
| Unit Size | 5,814 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Two fully leased retail condominium units totaling approximately 5,814 SF. Long-term cash flow secured by new 10-year leases to Sundays Studio and Pura Vida.</li></ul> | |
| Sale Notes | |
| Retail condominium offering consisting of two fully leased ground-floor retail units with accompanying lower-level space totaling approximately 5,814 rentable square feet. The property is occupied by Sundays Studio and Pura Vida, each operating under newly executed 10-year leases, providing stable in-place income and minimal near-term rollover exposure. The offering presents investors with immediate cash flow supported by established retail concepts in a highly desirable Manhattan corridor. The units feature strong street presence and benefit from the area's dense residential population, tourism activity, and consistent pedestrian traffic. Long-term tenancy commitments reduce leasing risk while providing predictable revenue streams. This investment represents an opportunity to acquire institutional-quality retail condominium assets in a premier urban location with durable tenant demand and strong underlying real estate fundamentals.</li></ul> |
Property Facts
| Total Building Size | 204,000 SF | Floors | 18 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 11,333 SF |
| Property Subtype | Apartment | Year Built | 2025 |
| Building Class | B | Lot Size | 0.52 AC |
| Zoning | R8B - Medium-density contextual residential district, low-rise scale. | ||
| Total Building Size | 204,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 18 |
| Typical Floor Size | 11,333 SF |
| Year Built | 2025 |
| Lot Size | 0.52 AC |
| Zoning | R8B - Medium-density contextual residential district, low-rise scale. |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Package Service
- Elevator
- Lounge
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 45 | - | - |
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2322 Broadway - The Henry Residences
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