435 Broome St

This SoHo historic Cast Iron building offers a variety of opportunities for repositioning: retail, office, or residential mixed-use. Custom built in 1873 by the great Gothic revival architect William Appleton Potter this sale offers a multi-functional property perfect for a corporate flagship headquarters or a discerning developer looking for a redevelopment project. <br><br>The structure consists of 5 tall loft stories impeccably maintained and artfully framed by gothic cast iron columnettes and capitals. The ground retail floor boasts booming 15' ceilings, a deep floorplate and an as-of-right option to combine two windowed sub-levels for a combination of 6,000+ SF of prime retail. <br><br>The building will be delivered vacant. The redevelopment potential is adaptable to both residential and commercial use. <br><br>OTHER FEATURES INCLUDE:<Br>* Additional air-rights to develop a 6th floor penthouse <br>* Upgraded mechanicals <br>* New electric with 600 Amp <br>* 2 water risers <br>* 2 upgraded waste lines <br>* Full sprinkler system with new heads and plumbing <br>* Existing original windows on west side of building from floors 2 thru 5. <br>* Recently renovated loft apartment <br>* Original elevator servicing each full floor loft from sub-basement to 5th floor.<br><br>ADDRESS: 435 Broome Street, New York, NY <br>LOCATION: South side, between Broadway and Crosby Street <br>BLOCK AND LOT: 473-15 <br>ZONING: M1-5B <br>LANDMARK STATUS: Landmark - SoHo-Cast Iron Historical District <br>YEAR BUILT: 1873 <br>LOT DIMENSIONS: 24.92 ft x 101.08 ft <br>LOT SIZE: 2,517 SF<br>TOTAL EXISTING BUILDING ZONING FLOOR AREA: 10,769 SF <br>Ground Floor: 2,326 SF l Floor 2nd to 5th: 2,111 SF l Basement: 2,778 SF<br>Sub-Basement: 2,770 SF l Total Floor: 16,889 l Additional Floor Area: 1,816 SF <br>CEILING HEIGHT: Store: 15' l 2nd: 14' l 3rd: 13' l 4th: 11' 9 (was 12' but has new subfloor)5th: Slopes 14' to 10' l Basement: 10.1' l Sub. 8.8' <br>CURRENT ANNUAL OPERATING EXPENSES: $18,200 <br>2018/2019 REAL ESTATE TAXES: $153,038<br>