The commercial building at 708 Broadway or 402-408 Lafayette St. sits between Astor Place and East 4th Street. Crunch Fitness, which was recently acquired by Bally's, is the anchor retail tenant occupying 33,900 sf on three floors on the Lafayette frontage, while a clothing store occupies retail on the Broadway frontage.

All upper floors are occupied by large office users. The Broadway side and Lafayette sides have varying heights, Broadway being ten stories and Lafayette being eight.

Eastern Consolidated's Mingo Lee, director represented Joseph Chetrit, while Jay Caseley of Firstmark Management, represented the seller, a undisclosed locally based real estate investor. Attorney Louis Tratner of Tratner & Molloy acted for the seller, while Joshua Graff of Sukan Segal and Graff represented Chetrit.