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503-511 Broadway [Penthouse]

503-511 Broadway [Penthouse] is a 5,552 square foot office space in SoHo, Manhattan, asking $125 per square foot per year, about $57,833 a month. It suits a team of roughly 32 people at 175 sq ft per person. Nomad Group represents tenants only, publishes pricing openly, and has delivered 300+ office buildouts across New York.

5,552 sq ft $125/sq ft/yr fits ~32 Penthouse
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Updated 2026-09-30 · a real listing, at its real rent

503-511 Broadway [Penthouse], SoHo office space 503-511 Broadway5,552 sq ft · $125/sq ft
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The floor plan

The layout as it stands, 5,552 square feet drawn to scale. Open it full size to measure a plan of your own against it.

Floor plan of 503-511 Broadway [Penthouse]

What it actually costs

Asking rent
$125 per sq ft per year
Annual
$694,000
Monthly
about $57,833
Per person
about $1,807 a month, at 32 desks

The SoHo median across Nomad's 9 current listings is $98, this floor asks 28% above that. See everything in SoHo →

Where it is

503-511 Broadway
SoHo, Manhattan

Nearest subway, coffee and lunch are all inside a five-minute walk.

N/Q/R/W, 6, A/C/E, B/D/F/M

Map showing 503-511 Broadway in SoHo

In the space

  • Furnished
  • Exposed Brick
  • Skylights
  • Views

How much does 503-511 Broadway [Penthouse] cost per month?

Asking rent is $125 per square foot per year. At 5,552 sq ft that is $694,000 annually, roughly $57,833 per month before electricity, which typically adds $2–4 per square foot per year. Rent is a starting point; free rent, improvement allowance and escalation caps are all negotiable.

How many people fit in 503-511 Broadway [Penthouse]?

About 32 people at 175 sq ft each, which allows for meeting rooms, phone booths, a pantry and circulation. A denser open-plan layout could take 40; a layout with private offices would suit closer to 25.

Where exactly is it?

503-511 Broadway sits in SoHo, Manhattan. Transit: N/Q/R/W, 6, A/C/E, B/D/F/M. Neighboring submarkets: NoHo, Hudson Square, Tribeca. Cast-iron lofts with high ceilings, the default for design-led and consumer brands.

How does the rent compare to the rest of the market?

The median across Nomad's current New York availability is $75 per square foot per year, so this space sits about 67% above the median.

How quickly could a team move in?

A furnished or pre-built floor can be occupied two to four weeks after signing. If the space needs a custom fit-out, expect 10–16 weeks: two to three weeks design, three to four for permits and long-lead items, six to nine construction. Nomad runs both the lease and the buildout, so those phases can overlap.

Beyond rent, what is negotiable on a space like this?

Free-rent months, tenant-improvement allowance, escalation caps, security amount and form, expansion or renewal options, and the restoration clause. On a tenant-only mandate, all of them are argued for you.

What happens between an offer and keys?

Letter of intent, lease negotiation, then buildout or move-in. Furnished floors run two to four weeks after signing; custom fit-outs typically ten to sixteen. Starting design during lease negotiation compresses the calendar.

The team

The people you'll actually deal with

Tenant-side brokers, builders and operators, 300+ New York offices delivered between them.

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Talk to a broker

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Real answers by tomorrow, from the broker for this listing, not a call centre.

  • Same daya broker replies personally, no automated triage
  • Tenant-onlyNomad never represents the landlord
  • Open pricingrent and size published before you talk to anyone
  • 300+ officesdelivered across 2M+ sq ft in New York

Or call 646-688-3158

How many people, and when?

Team size

Move-in

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