Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Property Details
- Property Type Mixed Use - Retail / Residential
- Property Size 30,717 SF
- Units 9
- Lot Size 0.13 Acre
- Taxes / YR $802,297.00
- Zoning M1-5 / R7X (MIH)
- # of Floors 6
- Year Built 1900
- Date Updated May 6, 2026
Investment Highlights
Generational Soho Offering
On the market for the first time in 40 years.
World-Class, Flagship Retail Potential
All retail leases expiring in January 2027 presents immediate flagship location with strategic frontage on both Spring & Mercer Streets
Tremendous Retail Synergy
Highly trafficked location surrounded by blue-chip luxury brands
Substantial Residential Upside
Nine units (4 free-market, 5 rent-stabilized) currently operating well below Soho market rates.
Valuable 2B Tax Designation
Tax assessment increases capped at 8% annually and 30% over five years.
Additional Signage Income
Reliable, passive revenue via a 15-year signage lease on its prominent eastern façade.
Abundant Mass Transit
Steps from A, C, E, N, R, W, B, D, F, M, and 6 subway lines.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
-
100/100
Walk Score ®
-
100/100
Transit Score ®
-
91/100
Bike Score ®
Location
- City Soho, NY
- Neighborhood SoHo
- Zip Code 10012
- Market Manhattan
Points of Interest
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Spring Street
0.16 miles
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Broadway & Houston Street at Southeast Corner
0.19 miles
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Broadway & Houston Street at Northeast Corner
0.21 miles
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Houston Street & Lafayette Street at Southeast Corner
0.24 miles
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Houston Street & Crosby Street at Northeast Corner
0.25 miles
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Houston Street & Lafayette Street at Northeast Corner
0.27 miles
-
Bleecker Street & Lafayette Street at Southwest Corner
0.30 miles
-
Bleecker Street & Mulberry Street at Southwest Corner
0.30 miles
-
Bleecker Street & Lafayette Street at Northwest Corner
0.31 miles
-
Bleecker Street & Mulberry Street at Southeast Corner
0.31 miles
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ChargePoint
0.47 miles
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Tesla Supercharger
0.61 miles
-
Blink
0.62 miles
-
Mobil
1.08 miles
-
BP
1.54 miles
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Emporium
2.40 miles
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Gulf
2.57 miles
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Citgo
2.59 miles
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Edison ParkFast
0.43 miles
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Christie Garage
0.50 miles
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iPark
0.50 miles
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Park Fast
0.58 miles
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Delancey & Essex Municipal Garage
0.67 miles
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Edison Park Fast
0.68 miles
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Village View Parking Area 1
0.72 miles
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Village View Parking Area 2
0.77 miles
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Pier 40
0.78 miles
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Village View Parking Area 3
0.79 miles
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Mercer Hotel
0.10 miles
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Crosby Street Hotel
0.13 miles
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49 Crosby
0.13 miles
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Sixty SoHo
0.18 miles
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The SoLita SoHo Hotel
0.27 miles
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NoMo SoHo
0.27 miles
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Soho Grand Hotel
0.27 miles
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Modernhaus SoHo
0.28 miles
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SoHo 54 Hotel
0.29 miles
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Sheraton
0.31 miles
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Bloomingdale's
0.12 miles
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TJ Maxx
0.14 miles
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Sunrise Mart
0.16 miles
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Kartell
0.18 miles
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Target
0.18 miles
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Muji
0.22 miles
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Pearl River Mart
0.23 miles
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Bulletin Nolita
0.27 miles
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Morton Williams
0.28 miles
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Trader Joe's
0.30 miles
