Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Attributes

Year Built 1920
Building Area
Land Area
Last Updated Date 26 Jun 2020

Property Description

JLL has been retained on an exclusive basis to market two 100% fee interest commercial condos at 377 Broadway. The condos, Units A and B, span approximately 15,000 square feet across three levels: ground floor, mezzanine and lower level. The units are located at the base of an 80,122 square foot corner building with over 200 feet of wraparound frontage along the southwest corner of Broadway and White Street. The current tenant, Keller Williams Realty, is paying $100,000 per month in rent and is three years into a 10-year lease. The condos could potentially be delivered vacant and offers full flexibility for end-users and investors. 

Investment Highlights

  • Fully built out office space
  • Prime retail location; high visibility on the corner of Broadway and White Street
  • Large amount of capital has been invested into the space
  • Ideal for investors, Tenant is currently paying $100,000 a month
  • Ideal for end users as well as the space could potentially be delivered vacant
Brock Emmetsberger
Managing Director, Capital Markets
Ryan Kossoy
Analyst, Production Support

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