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1260 Broadway

1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

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Page 1: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

1260 Broadway

Page 2: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Basic Information

Size

2nd Floor 7,670 SF

Ground Floor 8,700 SF

Cellar Floor 12,700 SF

Sub Floor 10,800 SF

Façade 25 ~ 120 ft

Ceiling Height 12 ~ 20 ft

Asking Rent

2nd Floor $ / SF

Ground Floor $ / SF

Cellar Floor $ / SF

Sub Floor $ / SF

Tenant Improvement Available

Page 3: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Retail Market

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

RETAIL

Herald Square / NoMad 1260 Broadway offers incredible retail potential due to its location on 32nd Street in the center of the Herald Square/ NoMad, New York

City’s most popular shopping destination. The retail area is distinguished by its high volume of foot traffic. Over 100 million people pass

through the area each year. Penn Station and its 550,000 daily commuters, the 34th Street subway station, the Empire State Building, and

retail destinations such as the Manhattan Mall, Macy’s, and the 34th corridor contribute to make this the busiest area in New York City. West

32nd Street is the main artery to these locations as well as to Madison Square Garden. At peak periods, approximately 2,700 pedestrians

per hour walk through Greeley Square on 32nd Street and Broadway. The Property, which is located adjacent to the area, can capitalize on

this foot traffic, as well as its strong visibility. The Property can be seen easily by shoppers at the Manhattan Mall and Macy’s, and occupies

one of the most prominent retail positions in the area. This heavily visited location also benefits the Property’s parking garage, one of the few

in the area. Guided by the 34th Street Partnership, the Herald Square/ NoMad has two anchors: Macy’s, known as the world’s largest

department store, and the Manhattan Mall, a 1 million square foot shopping center and office building which has undergone over $500

million of redevelopment work since the 1990s. These two destinations, in conjunction with prominent retailers such as Amazon, Gap, H&M,

JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district.

1260 Broadway

Page 4: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Retail Market

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Behind NoMad’s retail surge September 01, 2014 [Real

Deal]

A breakdown of the latest trendy shops helping transform the former wholesale area.

Soho, Tribeca, the Meatpacking District … and NoMad? The neighborhood north of Madison Square Park is not the first that

comes to mind for chic shopping. But a tide of changing retail in the stretch along Broadway from 23rd to 30th streets is altering

that.

NoMad's Virgin Hotel Will Be a Slim, Glassy, Cantilevered Mall Thursday, January 22, 2015, by Hana R. Alberts NY CURBED

Virgin Hotel #2, which is slated to take over most the block on Broadway between 30th and 29th streets, which

currently houses a bunch of less than high-end shops. Designed by VOA Associates, we knew that it would be

relatively tall for the area and have a cantilever.

But here's the first look at the entire hotel, all 38 stories, and the mall-like chunk of retail shops slated for

100,000 square feet of space at its bottom.

And thus NoMad's rapid transformation continues.

Page 5: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Retail Market

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Nomad Retail Development Boom

21 New Retail related development Projects. Wednesday, February 18, 2015, NY CURBED

NoMad has morphed from a fledgling neighborhood with a dubious name derived from an acronym to

an expensive, new development-filled neighborhood with a dubious name.

Whatever you call it, it's undeniable that the area north of Madison Square Park, roughly defined

from 24th to 30th streets and Lexington to Sixth avenues, is booming.

(1)400 Park Ave. S (2) 10 Madison Sq. West (3) The Whitman (4) 404 Park Ave. S

(5) 212 5th Ave. (6) 444 Park Ave. (7) 212 5th Ave. (8) Virgin Hotel

(9) 281 5TH Ave. (10) 11E 31st St. (11) The Centurian (12) Bancroft Building

(13)15E 30th St. (14) 110 Madison Ave. (15)114E 25th St. (16) 313 Park Ave.

(17) 9 E 30th St. (18) 241 Fifth Ave. (19)250 5th Ave. (20) Martha Washington

(21) Park South Hotel

Page 6: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Floor Plans

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Sub Cellar Floor Plan

Space Dimension SF

1 130’ x 72’ 8,300

2 30’ x 45’ 2,500

Total 10,800

1

2

Page 7: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Floor Plans

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Cellar Floor Plan

Space Dimension SF

1 70’ x 100’ 6,200

2 70’ x 100’ 6,500

Total 12,700

1

2

Page 8: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Floor Plans

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Ground Floor Plan

Space Dimension SF

1 43’ x 94’ 3,800

2 60’ x 50’ 2,200

3 30’ x 90’ 2,700

Total 8,700

1

2 3

Page 9: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Floor Plans

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Second Floor

Space Dimension SF

1 90’ x 60’ 4,420

2 80’ x 30’ 3,250

Total 7,670

1

2

Page 10: 1260 Broadway · JC Penny, Kmart and Victoria’s Secret, have created New York City’s premier shopping district. 1260 Broadway . Retail Market Retail Space For Lease Midtown 1260

Floor Plans

Retail Space For Lease Midtown

1260 Broadway New York, NY 10001 RS15F001D

Ground Floor Plan

Floor SF

Sub Cellar

8,300

2,500

Sub total 10,800

Cellar

6,200

6,500

Sub total 12,700

1st Floor

3,800

2,200

2,700

Sub total 8,700

2nd Floor

4,420

3,250

Sub total 7,670

Total 39,870