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11 Mercer St
New York, NY 10013
Retail Property For Sale

Investment Highlights

  • Delivered Vacant
  • Heavy Foot Traffic
  • 17 Foot Ceiling Heights

Executive Summary

11 Mercer Street is a ground-floor retail condominium located in SoHo, Manhattan. The unit comprises approximately 3,984 square feet with 17-foot ceiling heights and features a frontage of 20 feet along Mercer Street. Positioned within an M1-5/R7X zoning district, it allows flexibility for retail and approved uses per city occupancy requirements. The property includes ADA-compliant accessibility and is within a dense, mixed-use neighborhood with robust pedestrian activity and access to multiple subway stations.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit GF
  • 3,984 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Sale Status Under Contract
Sale Notes
Cushman & Wakefield is pleased to exclusively present 11 Mercer Street, a retail condominium that offers a unique blank-canvas opportunity for a brand looking to plant their flag in SoHo – one of the most premier retail destinations in the world.

The space spans ±3,984 square feet and features 17-foot ceiling heights, creating an open feel for creative concepts. The ground floor unit was recently white-boxed and will be delivered vacant, allowing a new owner the flexibility to create their exact vision for the property. Per the SoHo rezoning, the property’s use can potentially be altered on the Certificate of Occupancy, offering buyers a range of potential uses for the space.

11 Mercer Street is nestled in SoHo, a location that continues to evolve and remains a highly sought-after destination for retail establishments, with ongoing projects and developments contributing to its allure. Retailers seeking a high-visibility space in a thriving commercial district will find this location ideal. Additionally, the property enjoys excellent foot traffic, thanks to the neighborhood’s popularity among shoppers and tourists alike. Its proximity to the Mercer Street subway station ensures that customers have convenient access, enhancing the retail space’s attractiveness to a diverse and dynamic clientele.
Unit Unit Size Condo Use Price NOI
Unit GF 3,984 SF Retail Upon Request -

Unit GF

Unit Size
3,984 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit GF

Unit Size 3,984 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Sale Status Under Contract
Sale Notes
Cushman &amp; Wakefield is pleased to exclusively present 11 Mercer Street, a retail condominium that offers a unique blank-canvas opportunity for a brand looking to plant their flag in SoHo – one of the most premier retail destinations in the world. <br> <br> The space spans &#177;3,984 square feet and features 17-foot ceiling heights, creating an open feel for creative concepts. The ground floor unit was recently white-boxed and will be delivered vacant, allowing a new owner the flexibility to create their exact vision for the property. Per the SoHo rezoning, the property’s use can potentially be altered on the Certificate of Occupancy, offering buyers a range of potential uses for the space.<br> <br> 11 Mercer Street is nestled in SoHo, a location that continues to evolve and remains a highly sought-after destination for retail establishments, with ongoing projects and developments contributing to its allure. Retailers seeking a high-visibility space in a thriving commercial district will find this location ideal. Additionally, the property enjoys excellent foot traffic, thanks to the neighborhood’s popularity among shoppers and tourists alike. Its proximity to the Mercer Street subway station ensures that customers have convenient access, enhancing the retail space’s attractiveness to a diverse and dynamic clientele.</li></ul>

Property Facts Under Contract

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 24,085 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 5
Typical Floor Size 4,239 SF
Year Built 1915
Lot Size 0.13 AC
Zoning M1 - Storage Unit C is zoned for storage use only. The retail store above it could be purchased separately and combined with the storage unit and rezoned.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 13 - -
  • Listing ID: 30614886

  • Date on Market: 2024-01-09

  • Last Updated:

  • Address: 11 Mercer St, New York, NY 10013

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