FINDING VALUE OTHERS OVERLOOK

512 BROOME STREET

NEW YORK, NY 10013

RETAIL PROPERTY

PURCHASED: 2013
SOLD: 2016, $4,400,000
PARTNERS: Private Investors
RETAIL SPACE: 2,100 square feet

Located in SoHo, this single-occupancy building offered 1,100 square feet on the ground floor, 1,000 square feet in the basement and features high ceilings throughout. The tenant was Pi Bakerie.

SoHo is one of New York City’s top destinations for both tourists and locals alike. The area is widely recognized as one of Manhattan’s most desirable shopping and dining areas. Within walking distance of the property there are over 200 retail stores, 150 restaurants and multiple upscale hotels. The neighborhood also offers the best collection of one-of-a-kind boutiques, designer brands and flagship stores in the city.