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170 Mercer St 5,399 SF 100% Leased Retail Building New York, NY 10012 $16,319,636 CAD ($3,022.71 CAD/SF)
Investment Highlights
- Transit-Oriented Access
- Brand New 10-Year Lease
- Flagship SoHo Location
- Significant Tenant Investment
- Exceptional Re-designed Space
Executive Summary
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.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,399 SF
Building Class
B
Year Built
1900
Price
$16,319,636 CAD
Price Per SF
$3,022.71 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.09 AC
Zoning
M1-5B - Manufacturing district, typically including light industrial uses
Frontage
26’ on Mercer Street
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Magda Butrym
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Magda Butrym | Retailer | - | - | Lorem Ipsum | Jan 0000 |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,250,452 CAD | |
| Land Assessment | $470,458 CAD | Total Assessment | $2,720,909 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$470,458 CAD
Improvements Assessment
$2,250,452 CAD
Total Assessment
$2,720,909 CAD
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170 Mercer St
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