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793 Broadway 4,320 SF 7% Leased Retail Building New York, NY 10003 $7,537,978 CAD ($1,744.90 CAD/SF)
Investment Highlights
- Steps from NYU, Cooper Union, and Union Square
- Exceptional subway access via 8 major lines
- Delivered vacant with 25 feet of Broadway frontage
- Surrounded by high-performing condo developments
- Located in vibrant Greenwich Village corridor
- Flexible zoning allows for residential, commercial, or community facility use
Executive Summary
Positioned in the heart of Manhattan’s Greenwich Village, 793 Broadway offers a rare and compelling mixed-use development opportunity. This 25-foot wide parcel spans approximately 2,083 square feet and is currently improved by a 2-story, 4,320 SF commercial structure that will be delivered vacant, allowing for immediate redevelopment.
The site’s zoning (C6-1/R7-2) enables a range of uses with generous FAR allowances: up to 12,498 buildable SF for commercial, 13,539 SF for community facility, and 10,436 SF under Universal Affordability Preference (UAP). These options make the property ideal for boutique residential development, student housing, or a mixed-use concept integrating retail and community space.
Surrounded by major institutions like NYU and Cooper Union, and just blocks from Union Square, the location benefits from exceptional foot traffic and connectivity. The area is a proven performer in the residential condo market, with nearby developments like 64 University Place and 80 East 10th Street achieving sellouts over $2,300–$3,000 per SF. The site’s proximity to multiple subway lines—including the 4, 5, 6, N, R, Q, W, and L—ensures unmatched accessibility across New York City.
Future occupants will enjoy the cultural richness of Greenwich Village, with its vibrant mix of dining, retail, and entertainment. Whether for residential, commercial, or institutional use, 793 Broadway presents a strategic opportunity to capitalize on one of Manhattan’s most dynamic neighborhoods.
The site’s zoning (C6-1/R7-2) enables a range of uses with generous FAR allowances: up to 12,498 buildable SF for commercial, 13,539 SF for community facility, and 10,436 SF under Universal Affordability Preference (UAP). These options make the property ideal for boutique residential development, student housing, or a mixed-use concept integrating retail and community space.
Surrounded by major institutions like NYU and Cooper Union, and just blocks from Union Square, the location benefits from exceptional foot traffic and connectivity. The area is a proven performer in the residential condo market, with nearby developments like 64 University Place and 80 East 10th Street achieving sellouts over $2,300–$3,000 per SF. The site’s proximity to multiple subway lines—including the 4, 5, 6, N, R, Q, W, and L—ensures unmatched accessibility across New York City.
Future occupants will enjoy the cultural richness of Greenwich Village, with its vibrant mix of dining, retail, and entertainment. Whether for residential, commercial, or institutional use, 793 Broadway presents a strategic opportunity to capitalize on one of Manhattan’s most dynamic neighborhoods.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
4,320 SF
Building Class
C
Year Built
1930
Price
$7,537,978 CAD
Price Per SF
$1,744.90 CAD
Percent Leased
7%
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.05 AC
Zoning
C6-1 - Permit a Wide Range of High-Bulk Commercial Uses Requiring a Central Location
Frontage
23’ on Broadway
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Drive 21 Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Drive 21 Inc | Professional, Scientific, and Technical Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Hotte et ventilation en place. Plafonds double hauteur. Zones à fort achalandage, à quelques pas de Union Square et de l'Université de New York (NYU).
Hotte et ventilation en place. Plafonds double hauteur. Zones à fort achalandage, à quelques pas de Union Square et de l'Université de New York (NYU).
| Space | Size | Space Use | Position | Available |
| Lower Level | 2,000 SF | Retail | In-Line | Now |
| 1st Floor | 2,000 SF | Retail | In-Line | Now |
Lower Level
| Size |
| 2,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 2,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Lower Level
| Size | 2,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Hotte et ventilation en place. Plafonds double hauteur. Zones à fort achalandage, à quelques pas de Union Square et de l'Université de New York (NYU).
1st Floor
| Size | 2,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Hotte et ventilation en place. Plafonds double hauteur. Zones à fort achalandage, à quelques pas de Union Square et de l'Université de New York (NYU).
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0562-0028 | Improvements Assessment | $742,354 CAD |
| Land Assessment | $328,017 CAD | Total Assessment | $1,070,372 CAD |
Property Taxes
Parcel Number
0562-0028
Land Assessment
$328,017 CAD
Improvements Assessment
$742,354 CAD
Total Assessment
$1,070,372 CAD
(212) 544-9500
x13
Contacts
-
Michael Tortorici -
Benjamin Vago, Esq. -
James Nestor -
Howard Raber, Esq. -
Ariel Property Advisors
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793 Broadway
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