Flatiron District
Flatiron District
Retail street · New York City, NYView property page

Flatiron District Mixed-Use Asset Sells for $31 Million

By Brandmarch1 min read

A boutique office and retail property at 893 Broadway in Manhattan’s Flatiron District has sold for $31 million.

The 25,442-square-foot, five-story building sits at the corner of Broadway and East 19th Street, near Union Square and Madison Square Park. The asset was marketed as a fully leased, recently renovated property with long-term upside potential in one of New York City's most sought-after retail and office submarkets.

The transaction is another indication of continued investor demand for well-located mixed-use assets in prime Manhattan corridors, particularly properties with stable tenancy and strong street-level retail fundamentals.

https://www.connectcre.com/stories/boutique-office-and-retail-property-fetches-31m-in-flatiron-district/

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Boutique Office and Retail Property Fetches $31M in Flatiron District - Connect CRE
Boutique Office and Retail Property Fetches $31M in Flatiron District - Connect CREAtlantic Capital Partners closed the $31-million sale of 893 Broadway, a boutique office and retail building located in Manhattan’s Flatiron District. Situated at the intersection of Broadway and East 19th Street near Union Square Park, Madison Square Park and the Flatiron Building, 893 Broadway presented an opportunity to acquire a recently renovated, fully leased asset ...

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Sources: Boutique Office and Retail Property Fetches $31M in Flatiron District - Connect CRE