170 Mercer St - Storefront FOR SALE


New York, NY 10012- SoHo
$11,950,000 USD
212-230-5998
170 Mercer St, New York, NY for Sale
$11,950,000 USD
Storefront - FOR SALE
1/13
null | Request Cap Rate

170 Mercer St
New York, NY 10012
SoHo


HIGHLIGHTS

  • Transit-Oriented Access
  • Significant Tenant Investment
  • Brand New 10-Year Lease
  • Exceptional Re-designed Space
  • Flagship SoHo Location

OVERVIEW

Avison Young, as exclusive agent, is pleased to offer for sale the retail condominium at 170 Mercer Street (the “Unit”). Located along the iconic cobblestones of the SoHo Cast-Iron Historic District, the Unit boasts approximately 25 feet of prime frontage along Mercer Street between Prince and West Houston Street. Comprising 5,399 square feet across the ground floor, mezzanine, and lower level, the space was recently transformed by ownership into a dramatic flagship environment by removing the third floor to achieve soaring 24-foot ceilings and exposed red brick. The Unit sits at the base of a boutique, five-story luxury residential loft building.

FOR SALE DETAILS

PRICE

$11,950,000 USD

PRICE/SF

$2,547 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

M1-5B

APN/PARCEL ID

0512-1011,0512-1022,0512-1110

ASK ABOUT THIS PROPERTY

Brandon PolakoffAvison YoungMore Info
212-230-5998

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Brandon PolakoffAvison YoungMore Info
212-230-5998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.