Republic Point$61.50 – $74.87/SF/yr FS
1189 Broadway
226,700 SF of Office space available at 1189 Broadway, New York, NY 10003. For Lease through Sterling Crest Advisors.
For LeaseStatus
226,700 SFAvailable
$90.28/SFAsking rent
1931Year built
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 1,138,900 SF |
| Available | 226,700 SF |
| Stories | 62 |
| Year built | 1931 |
| Typical floor | 18,369 SF |
| Lot size | 1.79 acres |
| Parking ratio | 2.6/1,000 SF |
| Occupancy | 80.1% |
| Zoning | GR |
| Parcel ID | 63-348-4387 |
| Submarket | Gramercy |
| Market | New York City |
| Days on market | 269 |
| Walk Score | 73 |
| Transit | Highway access I-35 |
| Listing package | Basic |
Building amenities
Fitness Center, Roof Terrace, Concierge
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 44th | Off/Ret | Sublet | 90,440 | $101.83/SF | Thru Oct 2029 | Jan 2027 |
| P 4th | Coworking | Direct | 4,040 – 35,460 | On request | Thru Mar 2030 | Vacant |
| P 9th | Office | Direct | 24,510 | On request | Thru Oct 2029 | Sep 2026 |
| P 59th | Medical | Direct | 8,030 | $81.90/SF | Negotiable | Vacant |
| P 20th | Off/Ret | Direct | 20,090 | On request | Negotiable | Sep 2026 |
| P 2nd | Off/Ret | Direct | 23,120 | $91.40/SF | Negotiable | Vacant |
| P 31st | Medical | Direct | 1,030 – 8,240 | $83.25/SF | Negotiable | Vacant |
| P 9th | Office | Direct | 6,010 | $84.65/SF | Negotiable | Vacant |
| P 52nd | Off/Ret | Direct | 5,130 | $100.61/SF | Negotiable | Vacant |
| P 52nd | Medical | Direct | 5,670 | On request | 5 Years | Vacant |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Trinity Freight | Insurance | 18 | 231,200 | 2027-05-01 |
| Zephyr Aerospace | Real Estate | 61 | 141,650 | 2027-06-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2023-12-08 | $697.09M | $612.07 | 6.87% | Uplands Realty | Hill Country Capital |
| 2020-05-29 | $104.92M | $92.12 | 7.15% | Lone Star Property Trust | Westbrook Equities |
Public record
| Owner of record | Potomac Realty Trust LLC |
|---|---|
| Assessed value | $236.01M |
| Land value | $72.87M |
| Improvement value | $163.14M |
| Annual tax | $3.38M |
| Tax year | 2026 |
| Lot size | 77,972 SF |
| Last deed | 2017-09-14 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 5 BLK 794 GRAMERCY ADDN |
Location
1189 Broadway
New York, NY 10003
Gramercy submarket · New York City market
40.72692, -73.99044
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
Compare packages →Similar office properties in New York, NY
Midtown Center$87.87 – $106.97/SF/yr FS
1261 Varick St$65.40 – $79.62/SF/yr FS
Alamo Building$80.60 – $98.13/SF/yr FS
Cornerstone Tower$77.27 – $94.07/SF/yr FS
568 Water St$77.92 – $94.86/SF/yr FS
Explore this market
Office for lease in New YorkOffice for sale in New YorkAll CRE in New YorkNew York City market reportNew York brokersOffice Spaces nationwide
Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.