Contacts
Sinvin Real Estate
Sinvin Real Estate
Property Details
- Property Type Retail
- Property Size 8,100 SF
- Cap Rate % 6.26
- NOI / YR $622,760.00
- Date Updated Jul 7, 2025
Entire Space:
Ground Level: 4,750 SF
Selling Lower Level: 3,350 SF
Unit Breakdown:
NORTH STORE | AVAILABLE | RETAIL
Ground Level: 3,750 SF
Selling Lower Level: 900 SF
Frontage: 24’
Ceiling Height: 13’
Possession: Immediate
Asking Rent: Please Inquire
SOUTH STORE | LEASED | RETAIL
Ground Level: 1,000 SF
Selling Lower Level: 928 SF
Frontage: 15’
Ceiling Height: 13’
Lease Expiration: 9/1/25 or 9/1/27 (if option is exercised)
Current Rent: Undisclosed
SUITE B | LEASED | OFFICE/RETAIL
Selling Lower Level: 642 SF
Lease Expiration: August 31, 2025
Current Rent: $25,075/Year, $20.90/SF
SUITE C | LEASED | OFFICE/RETAIL
Selling Lower Level: 874 SF
Lease Expiration: August 31, 2029
Current Rent: $22,006/Year, $18.34/SF
Income:
South Store: $206,000
North Store (Projected at $192/SF): $720,000
Basement B: $25,075
Basement C: $22,006
Total Income: $973,081
RE Taxes (24/25): $291,653
Condo Fees: $58,668
Total Expense: $350,321
Projected NOI: $622,760
Sales Price: $9,950,000
Projected Cap Rate: $6.26%
- Bi-level property offering up to 8,100 SF of selling space
- Sale includes two recording studios in the lower level that are currently rented
- Spectacular all-glass frontage and high ceilings on both levels
- Prominent location in central Soho
- Flexibile divisions. Currently built as two stores and three offices
- Great used or investor opportunity
Reach out to the broker for more info on lease terms and amenities
Getting around
-
99/100
Walk Score ®
-
100/100
Transit Score ®
-
95/100
Bike Score ®
Location
- City New York, NY
- Neighborhood SoHo
- Zip Code 10012
- Market Manhattan
Points of Interest
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Spring Street
0.13 miles
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Broadway & Houston Street at Southeast Corner
0.26 miles
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Broadway & Houston Street at Northeast Corner
0.27 miles
-
Houston Street & Crosby Street at Northeast Corner
0.32 miles
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Houston Street & Lafayette Street at Southeast Corner
0.33 miles
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Houston Street & Lafayette Street at Northeast Corner
0.35 miles
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Bleecker Street & Lafayette Street at Southwest Corner
0.36 miles
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Bleecker Street & Lafayette Street at Northwest Corner
0.36 miles
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Bleecker Street & Mulberry Street at Southwest Corner
0.37 miles
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Bleecker Street & Mulberry Street at Southeast Corner
0.38 miles
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ChargePoint
0.35 miles
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Tesla Supercharger
0.77 miles
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Blink
0.77 miles
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Mobil
0.95 miles
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BP
1.57 miles
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Emporium
2.55 miles
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Gulf
2.64 miles
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Citgo
2.74 miles
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Edison ParkFast
0.48 miles
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Park Fast
0.60 miles
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Pier 40
0.64 miles
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iPark
0.65 miles
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Christie Garage
0.65 miles
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Village View Parking Area 1
0.81 miles
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Edison Park Fast
0.81 miles
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Delancey & Essex Municipal Garage
0.81 miles
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Speedy Park
0.85 miles
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Village View Parking Area 2
0.85 miles
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Juice Press
0.03 miles
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San Carlo Osteria Piemonte
0.04 miles
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Omen Azen
0.04 miles
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Boqueria Soho
0.05 miles
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Famous Ben's Pizza
0.06 miles
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Il Corallo Trattoria
0.06 miles
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Raoul's
0.06 miles
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Piccola Cucina
0.07 miles
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Bistro les Amis
0.07 miles
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Pinch Chinese
0.07 miles
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Sunrise Mart
0.16 miles
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Trader Joe's
0.17 miles
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Morton Williams
0.22 miles
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Kartell
0.24 miles
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Target
0.25 miles
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Bloomingdale's
0.27 miles
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TJ Maxx
0.27 miles
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Muji
0.32 miles
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Pearl River Mart
0.34 miles
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Bulletin Nolita
0.40 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
