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Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young
Avison Young
Property Details
- Property Type Other
- Property Size 19,869 SF
- Date Updated Sep 27, 2026
Avison Young, as the exclusive agent, is pleased to offer for sale 481 Broadway aka 54 Mercer Street (the ‘Property’), a commercial mixed-use building nestled within the heart of SoHo. The Property has been held by the same ownership since 1985, representing a rare opportunity to acquire an asset that has not traded in over four decades. Block through between Broome Street and Grand Street, the Property benefits from an unparalleled location along one of Manhattan’s most heavily trafficked retail corridors, surrounded by a dense mix of global luxury retailers, destination dining, and best-in-class office tenancy. Spanning five stories and totaling 16,695 GSF (19,869 RSF), the building is comprised of two retail spaces at grade and seven office spaces across the upper floors.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 100% Occupied Cash-Flowing Asset
- Embedded RSF Upside Through Floorplate Re-Measurement
- Exceptional Foot Traffic on Broadway
- First Offering in Over 40 Years
- Historic District Location
- Irreplaceable SoHo Location
- Loft-Style Office Character
- Near-Term Value Add Opportunity
- Strong Co-Tenancy
Getting around
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100/100
Walk Score ®
-
100/100
Transit Score ®
-
92/100
Bike Score ®
Location
- City New York, NY
- Neighborhood SoHo
- Zip Code 10013
- Market Manhattan
Points of Interest
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Spring Street
0.18 miles
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Broadway & Houston Street at Southeast Corner
0.32 miles
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Broadway & Houston Street at Northeast Corner
0.34 miles
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Houston Street & Lafayette Street at Southeast Corner
0.35 miles
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Houston Street & Crosby Street at Northeast Corner
0.36 miles
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Houston Street & Lafayette Street at Northeast Corner
0.38 miles
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Bleecker Street & Mulberry Street at Southwest Corner
0.42 miles
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Bleecker Street & Lafayette Street at Southwest Corner
0.42 miles
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Bleecker Street & Lafayette Street at Northwest Corner
0.43 miles
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Bleecker Street & Mulberry Street at Southeast Corner
0.43 miles
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Tesla Supercharger
0.56 miles
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Blink
0.56 miles
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ChargePoint
0.60 miles
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Mobil
1.21 miles
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BP
1.65 miles
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Emporium
2.33 miles
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Citgo
2.54 miles
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Sunoco
2.62 miles
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Gulf
2.65 miles
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iPark
0.39 miles
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Christie Garage
0.42 miles
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Park Fast
0.45 miles
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Edison ParkFast
0.56 miles
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Delancey & Essex Municipal Garage
0.66 miles
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Speedy Park
0.69 miles
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Edison Park Fast
0.71 miles
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88 Madison Street Parking
0.71 miles
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SP+
0.75 miles
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Village View Parking Area 1
0.80 miles
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49 Crosby
0.12 miles
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NoMo SoHo
0.14 miles
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The SoLita SoHo Hotel
0.15 miles
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Crosby Street Hotel
0.18 miles
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Soho Garden Hotel
0.20 miles
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Soho Grand Hotel
0.20 miles
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JG Sohotel
0.20 miles
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Sheraton
0.20 miles
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Sixty SoHo
0.21 miles
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Modernhaus SoHo
0.24 miles
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TJ Maxx
0.02 miles
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Muji
0.07 miles
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Kartell
0.08 miles
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Bloomingdale's
0.08 miles
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Pearl River Mart
0.09 miles
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Sunrise Mart
0.15 miles
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Christmas in New York
0.26 miles
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iFresh Market
0.30 miles
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Target
0.31 miles
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Bulletin Nolita
0.33 miles
