Vacant Five-Story NoMad Building Hits the Market
Billy Gray Oct. 30, 2013, 10:25 a.m.
A vacant, 6,285-square-foot building at 1145 Broadway is on sale for $9.35 million. The five-story property on Broadway between 26th and 27th Streets allows for 16,650 as-of-right buildable square feet.
The seller, Richmond Properties LLC, has enlisted Eastern Consolidated to market the rare opportunity. Gabriel Saffioti and Nicole Rabinowitsch are leading the assignment. The owner will be able to immediately reposition the property.
“Foot traffic generated by such trendy hotels as the Ace and NoMad, not to mention destinations like Eataly, and Shake Shack, is tremendous,” Mr. Saffioti said in a prepared statement. “Only SoHo rivals the 24/7 action that NoMad/Flatiron enjoys due to its expanding housing stock, fabulous hotels, boutiques, restaurants and sought-after office space, particularly from tech and creative tenants.”
The building includes 1,500 square feet of ground floor retail in an increasingly coveted neighborhood straddling NoMad and the Flatiron District. The second through fifth floors can be used for office or other commercial uses.