multi-level 24,506 sf retail opportunity · 286 spring 2016 condo conversion 5-unit o‡ce to...

Multi-level 24,506 sfRetail Opportunity

Located at the base of 112-unit luxury residential towers — first of its kind to be designed

by Renzo Piano Building Workshop in the U.S.

T H E R E T A I L A T

Artist’s Renderings

T H E R E T A I L A T 5 6 5 B R O O M E S O H O

Ground Floor 10,243 SFSecond Floor 7,903 SF Lower Level 6,360 SF

Total 24,506 SF

Frontage 325 FT+

Ceiling Ht 15–30 FT

Possession Immediate

Asking Rent Upon Request

Spac

e D

etai

ls

WR APAROUND

GROUND FL

• Beautiful curved-glass double-height curtain wall providing over 325 feet of wrap-around frontage

• High pedestrian and tra�c corner at Broome and Varick Streets

• Neighborhood with high daytime o�ce populations across various industries including tech, media, and creative sectors

• Space can be vented

• Ability to include six or more dedicated parking spaces with EV charging stations


Ground Fl

Lower Level

FLOORPLANS

Second Fl

VA

RI

CK

ST

RE

ET

B R O O M E S T R E E T


N Lower Level

Hudson SquareDaytime Consumer Demographics

OF DAYTIME POPULATION CONSTITUTES

OFFICE WORKERS

67%

THE TYPICAL OFFICE WORKER IS

YOUNG, WELL-EDUCATED, &WORKS IN A CREATIVE FIELD

28YEARS OLDMEDIAN AGE

84%UNDER 45

62%ARE MILLENNIALS

Hudson Square Consumer Survey conducted by Audience Research & Analysis during fall 2016


71%ARE IN CREATIVE

INDUSTRIESMedia, arts & design, tech, architecture & engineering

OFFICE WORKERS ACCOUNT FOR

$310 MILLION ANNUAL RETAIL

SPENDING

70,000DAYTIME POPULATION42% GROWTH BETWEEN 2011 AND 2015

Area Residential Profile

2,779 RESIDENTIAL

DWELLING UNITS

*2015 American Community Survey 5-Year Estimates, HSC Development Tracking Database

HU

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100 Varick2018 (est.) 115 unit condo building

111 Varick2018 (est.)49 unit rental building

570 Broome2018 (est.)33 unit condo building

CHARLTON ST.

KING ST.

VANDAM ST.

SPRING ST.

DOMINICK ST.

BROOME ST.

WATTS ST.

HU

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ST.

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GRAND ST.15 Renwick2015 31 unit condo building

261 Hudson2016 (est.) 201 unit rental building (20% a�ordable)

160 Leroy 2017 57 unit condo building

70 Charlton2016 (est.)116 unit condo building (25% a�ordable rental)

286 Spring2016

condo conversion5-unit o�ce to residential

1 HOUSTON ST

3-MINUTEWALK

SPRING STC E F

5-MINUTEWALK

1 CANAL ST

3-MINUTEWALK

5-MINUTEWALK

CANAL STCA E F

565 Broome

SOHO

TRIBECA

WEST VILLAGE

Typical Resident Profile:

A FFLUENT, WELL-EDUCATED, GROWING POPULATION


18% HOUSEHOLDSWITH CHILDREN

COLLEGE DEGREE75%RESIDENTS WITH AT LEAST A

$225,000MEAN

HOUSEHOLD INCOME

Nearly

10 million subway & bus passengers pass through the neighborhood annually

>5,000 PROJECTED DWELLING UNITS 30 PROJECTED

DEVELOPMENT SITES 10,000 PROJECTED

NEW RESIDENTS

FIVE-YEA R PROJECTIONS

FUTURE RESIDENTIAL DEVELOPMENTSSome of the planned, under construction or recently completed projects

N

JAMES J WALKER PARK

SOHOSQUARE

FATHERFAGANPARK

PLAYGROUNDOF THE

AMERICAS

BROOME ST

SIX

TH

AV

E

SIX

TH

AV

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SIX

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AV

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ST

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DOMINICK ST

VA

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VA

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7T

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RIC

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DOMINICK ST

UR

BA

N P

LA

ZA

SPRING ST

SPRING ST

SPRING ST

VANDAM ST

VANDAM ST

CHARLETON ST

PRINCE ST

CHARLETON ST

KING ST

KING ST

KING ST

W HOUSTON ST

BE

DF

OR

D S

T

DOWNING ST

CARMINE ST

HOUSTON ST

HOUSTON ST

W HOUSTON ST

CLARKSON ST

LEROY ST

HU

DS

ON

ST

HU

DS

ON

ST

DESBROSSES ST

WATTS ST

VESTRY ST

LAIGHT ST

HOLLAND TUNEL

CANAL ST

CANAL ST

CANAL ST

WATTS STWATTS ST

GRAND ST

GRAND ST

WATTS ST

WES

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BROOME ST

BROOME ST

SULL

IVA

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BROOME ST

HOLLAND TU

NEL HOLLAND TUNEL

HO

LLAN

D TUNEL

TRUMPSOHO

MANHATTAN MINI-STORAGE

FJORD NY

DUCATINY CAFE

ALTROPARADISO

GRAVIAMR. JONES

BAR D’EAUMISTER JONES

SOUK &SANDWICH

ARTIFAKT BAR& LOUNGEHAMPTON INNMANHATTAN SOHO

FLEA MARKET

HEREDAHESH MUSEUM

OF ART

MANHATTANMINI-STORAGE

RESIDENTIAL

METROCLICK OFFICE

DREAMAKER GIFTS

METRO BICYCLES

THE MILL FINE COFFEE& FRESH FOODS

NATIONALSCULPTURE SOCIETY

JUST DELICIOUS DELI

WINE SPRING

80 BUILDING ENTRANCE

SALESFLOW INC.

SMORGASBURGMANHATTAN

VINOTHERAPY

NEW YORKFIRE MUSEUM

LOCAL & VINE

TO BE JACKIE ROBINSON MUSEUM

AMELIA’S RESTAURANT

LA SIRENE

TAUREAU

LADUREENY SOHO

PERA SOHO

STUSSY

AGUAGRILL

ALTESIRISTORANTE

DOMINIQUEANSEL

BAKERY

PAOWALLA

OTTIVA

HIROHISA

VIN ET FLEURS

PICCOLA CUCINA

OSTERIA SICILIANA

XTREME CUTS

BA’AL CAFE& FALAFEL

BLACK TAPCHALK POINT

KITCHENSOHO CIGAR BAR MOONCAKEFOODS

FELIX

KOKU’S

BROOKLYN FLEA

WUNDABAR

PILATES - SOHOMAISON CLOSE

DAVI

D BU

RKE

KITC

HEN

THE

JAM

ESNE

W Y

ORK

OM INDIANFOOD

THOMPSONSALONSOHO

THE LITTLE HOUSE

VARIAZIONI

BLUE RIBBON

BRASSERIE

JANOVICPAINT &

DECORATINGCENTER

JUICE PRESS

EQUINOXPRINTING

HOUSE

NYSC

LITTLEBRANCH

SPUNTO

THIN CRUST

MR.

DENNEHY’S

EL GALLO

DE ORO

DO HWA

EMILY

JUICE & JAVA

GLOO

KING WOK

VIEN

MCDONALD’S

DITCH PLAINS

COTENNA

BLUE RIBBON

DOWNING ST BAR

MAS

MARKET

TABLE

CARM

INE

STBE

ERS

JACK

S W

IFE

FRED

A

DADDY-O

GETTING HUNGRY

THE CLAM

HUDSON YARDS

DUNKIN’ DONUTS

CHASE BANK

WESTVILLEREAL PILATES

HUDSON FOOD COURT

JUST SALAD

COMPLEATSCULPTOR

ONLIESTPLACE

ANDRO LEI

LAZY POINTTHEHILLS

MAYANA

GIORGIONE

KANATAPAS BAR

EAR INN

HOUSEMAN

CONVERSOMODERN

BORIS BIDJANSABERI

UNION BAR & KITCHEN

HAROLD’SMEAT +THREE

GOODSTORY

ARLOSOHO

MANHATTANBAGEL

STARBUCKS

HUDSON SQUARE PHARMACY

CHA

LAIT

NYC DISTRICT COUNCIL OF CARPENTERS

HSB

C

SOB’S

DEB’S CHIPOTLE

CITIBANK

ARROJO STUDIO

LITTLE ITALY

THE JEROME L GREENEPERFORMANCE SPACE

ESSEN

STARBUCKS

USPS/US GOV BUILDING

JACQUES TORRESCHOCOLATE

DIG INN

HALE & HEARTY SOUPSPRET A MANGER

RAFIQI’S HALAL FOOD CART

FRIDMAN GALLERY

MAE MAE CAFEDELI AND GROCERY

LONGHOUSEPROJECTS

TD BANK

DUNKIN DONUTS

WE WORK

MARRIOT COURTYARD

JACK GEARY

MANHATTAN MINI STORAGE

CITY WINERY OF NYC

SCOTT JORDAN FURNITURE

SUBW

AYA

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ON

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THE

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FO

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CORN

ER S

HOP

CHARLIE BIRD

SOU

EN

REST

AURA

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BEER ZAAR

CHARLTON PLAZA

DRAGO SHOE REPAIR

KU'S NAILS AND SPABARBERS

SOCIETY CICCIO'S CAFE

PAGE

GOD'S LOVE WE DELIVER

LOUIE'S COIN SHOP

SPRING ST

C E F

CANAL ST1

HOUSTON ST1

1

2

3 4 4 133

5

6

8

912

10

11

7 1

14

565 Broome

NOTABLE OFFICE NEIGHBORS

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ST.

WEST HOUSTON ST.




CHARLTON ST.

KING ST.

VANDAM ST.

SPRING ST.

DOMINICK ST.

BROOME ST.

WATTS ST.

HU

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286 Spring2016


1 HOUSTON ST

3-MINUTEWALK

SPRING STC E F

5-MINUTEWALK

1 CANAL ST

3-MINUTEWALK

5-MINUTEWALK

CANAL STCA E F

565 Broome

SOHO

TRIBECA

WEST VILLAGE

Neighboring Retailers & O�ces


N

NOTABLE OFFICE NEIGHBORS1 1

1 Bed Bath & Beyond ( 250 Hudson & 315 Hudson )

2 David Yurman ( 24 Vestry )

3 Glossier ( 233 Spring / 161 AoA )

4 MAC Cosmetics ( 233 Spring / 161 AoA )

5 Newsweek ( 396 Hudson )

6 Omnicom ( 75 Varick )

7 One Kings Lane ( 315 Hudson )

8 Penguin Group, USA ( 375 Hudson)

9 Rent the Runway ( 345 Hudson )

10 The Row - Olsen Twins ( 609 Greenwich)

11 SAATCHI & SAATCHI ( 375 Hudson )

12 Viacom ( 345 Hudson )

13 Warby Parker ( 161 AoA )

14 WebMD ( 395 Hudson )

1 Bed Bath & Beyond (250 Hudson & 315 Hudson)

2 David Yurman (24 Vestry)

3 Glossier (233 Spring / 161 AoA)

4 MAC Cosmetics (233 Spring / 161 AoA)

5 Newsweek (396 Hudson)

6 Omnicom (75 Varick)

7 One Kings Lane (315 Hudson)

8 Penguin Group, USA (375 Hudson)

9 Rent the Runway (345 Hudson)

10 The Row - Olsen Twins (609 Greenwich)

11 SAATCHI & SAATCHI (375 Hudson)

12 Viacom (345 Hudson)

13 Warby Parker (161 AoA)

14 WebMD (395 Hudson)

HU

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RIV

ER

PA

RK

CANAL ST.

SIX

TH

AV

E.

GR

EE

NW

ICH

ST.

WEST HOUSTON ST.




CHARLTON ST.

KING ST.

VANDAM ST.

SPRING ST.

DOMINICK ST.

BROOME ST.

WATTS ST.

HU

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VA

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286 Spring2016


1 HOUSTON ST

3-MINUTEWALK

SPRING STC E F

5-MINUTEWALK

1 CANAL ST

3-MINUTEWALK

5-MINUTEWALK

CANAL STCA E F

565 Broome

SOHO

TRIBECA

WEST VILLAGE

Kenji Ota212 841 [email protected]

Alan Schmerzler212 841 [email protected]

Neil Seth212 841 [email protected]

PLEASE CONTACT US WITH LEASING INQUIRIES:

A commission computed and earned in accordance with the rates and conditions of our agency agreement with our principal, when received from our principal, will be paid to the cooperating broker who consummates a lease which is unconditionally executed and delivered by and between lessor and lessee (a copy of the rates and conditions referred to above is available upon request). The depiction in the attached images of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the property o�ered by Cushman & Wakefield) is incidental only, and is not intended to connote any a�liation, connection, association, sponsorship or approval by or between that which is incidentally depicted by Cushman & Wakefield or its client.


multi-level 24,506 sf retail opportunity · 286 spring 2016 condo conversion 5-unit o‡ce to...

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