Your email has been sent.
17-19 Thompson St - Retail Co-op 1,500 SF Retail Condo Unit Offered at $4,500,957 CAD in New York, NY 10013



INVESTMENT HIGHLIGHTS
- Prime corner building in the heart of SoHo’s retail corridor
- Surrounded by high-end retail, dining, and cultural landmarks
- Co-op structure with inclusive maintenance and tax coverage
- Adjacent to ModernHaus SoHo Hotel and luxury co-tenancy
- Steps from multiple subway lines including Canal and Spring St
- Historic architecture with strong long-term investment appeal
EXECUTIVE SUMMARY
Located in the heart of SoHo, 17 Thompson Street offers a rare opportunity to own a retail co-op unit in one of Manhattan’s most iconic and high-demand neighborhoods. This seven-story, seven-unit building sits at the corner of Thompson and Grand Streets, adjacent to the acclaimed ModernHaus SoHo Hotel, and surrounded by a vibrant mix of luxury retail, upscale dining, and cultural destinations. The building’s architecture blends seamlessly with SoHo’s historic cobblestone streets and cast-iron facades, contributing to its timeless appeal. With a co-op structure that simplifies ownership through inclusive maintenance fees, the property offers long-term stability and ease of management. Its location places it steps from Canal Street and Spring Street subway stations, ensuring excellent connectivity for both residents and visitors. SoHo’s reputation as a global destination for fashion, art, and culinary experiences makes this address particularly attractive to investors seeking prestige and performance. The surrounding area is home to flagship stores for brands like Louis Vuitton, Gucci, and Prada, as well as independent boutiques and galleries that draw a steady stream of foot traffic year-round. This offering is ideal for buyers looking to secure a foothold in a neighborhood where real estate values continue to outperform, supported by strong demographics and enduring demand.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Total Building Size | 13,372 SF | Floors | 7 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,910 SF |
| Property Subtype | Apartment | Year Built | 1910 |
| Building Class | C | Lot Size | 0.04 AC |
| Zoning | M1-5B - Light industrial with offices, hotels, and most retail uses permitted. | ||
| Total Building Size | 13,372 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Typical Floor Size | 1,910 SF |
| Year Built | 1910 |
| Lot Size | 0.04 AC |
| Zoning | M1-5B - Light industrial with offices, hotels, and most retail uses permitted. |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
1 UNIT AVAILABLE
Unit co-op
| Unit Size | 1,500 SF | Sale Type | Investment |
| Price | $4,500,957 CAD | Cap Rate | 8.19% |
| Price Per SF | $3,000.64 CAD | NOI | $368,754.44 CAD |
| Condo Use | Retail |
| Unit Size | 1,500 SF |
| Price | $4,500,957 CAD |
| Price Per SF | $3,000.64 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 8.19% |
| NOI | $368,754.44 CAD |
DESCRIPTION
RETAIL CO-OP Offering
Please see attached memorandum for more details on this RETAIL CO-OP, including zoning maps and floor plans
This prime SoHo Corner Retail Co-op Is leased to the SoHo Finest Market on the ground floor of the 7 story 7- unit co-op building and adjacent to the world-renowned SoHo Modern Haus hotel. SoHo is well known for its high-end restaurants, Designer boutiques, upscale art galleries and strolling along the charming cobblestone streets.
SALE NOTES
This Co-op is available for $3,250,000. The property projects a net operating income of $266,266. This offers a good capitalization rate at 7.6%.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
Presented by
NLC Realty LLC Associates
17-19 Thompson St - Retail Co-op
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
