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

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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
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
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 - -
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36167699

  • Date on Market: 2025-06-09

  • Last Updated:

  • Address: 17-19 Thompson St, New York, NY 10013

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