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| Retail Condo, 738 Broadway, New York City, NY |
NEW YORK, NY – Marcus & Millichap (NYSE: MMI), a leading
commercial real estate investment services firm with offices throughout the
United States and Canada, announced it has obtained the exclusive listing to
market for sale a two-story, 4,000-square-foot elevator retail condo unit at
738 Broadway in New York City.
The listing price is $18,000,000. Jeffrey Nissani and
Sean Beuche in Marcus & Millichap’s Manhattan office are representing
the seller.
“The
property is a 4,000-square-foot bi-level retail unit occupied by a David Z shoe
store,” says Nissani. “The asset is being offered as a short-term sale
leaseback or will be delivered vacant.”
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| Sean Beuche |
The unit
is located within the five-story 738 Broadway building, between Waverly Place
and Astor Place. The 8th Street subway station for the “N” and “R” transit
lines is directly outside the building’s entrance and the Astor Place No. 6
train stop is two blocks away.
New York University is across the street. The unit features
both an internal stairwell and a handicap-accessible elevator that connects the
lower level and upper floors. The lower level has a 13-foot-high ceiling.
The 738 Broadway building, also known as the Broadway
McKenna Building, was built as a warehouse in 1867 and features cast-iron
architecture.
For a complete copy of the company’s news release, please
contact:
Gina Relva
Public Relations Manager
(925) 953-1716
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