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148 & 150 Spring St 2 biens • New York, NY
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Résumé de l'annonce
Jones Lang LaSalle (“JLL”) has been exclusively retained to arrange the fee simple sale of 148 & 150 Spring Street (“the Property”), an institutional-quality mixed-use offering totaling approximately 14,507 square feet in the heart of SoHo. This rare offering comprises two adjacent buildings with 40 feet of combined Spring Street frontage between Wooster Street and West Broadway, positioned within one of New York City’s most coveted and supply-constrained retail corridors.
148 Spring Street features ground floor retail and three commercial units above offering a diversified mix of retail, showroom, and office uses. 150 Spring Street consists of ground floor retail, two commercial units, and one apartment. There is optionality to convert the commercial office suites into residential apartments.
The combined properties are 77% leased to creditworthy national and boutique tenants with 7.6 years of WALT. Dr. Martens anchors the assets with a lease through October 2037. Amouage, the adjacent retail tenant has a lease through December 2032. Favorable net lease structures with tenant reimbursements for taxes, CAM, and insurance enhance cash flow and deal economics.
150 Spring Street is fully leased while 148 Spring Street is 53% occupied, with two vacant suites totaling 3,748 square feet offering immediate value-add opportunity through lease up.
148 Spring Street features ground floor retail and three commercial units above offering a diversified mix of retail, showroom, and office uses. 150 Spring Street consists of ground floor retail, two commercial units, and one apartment. There is optionality to convert the commercial office suites into residential apartments.
The combined properties are 77% leased to creditworthy national and boutique tenants with 7.6 years of WALT. Dr. Martens anchors the assets with a lease through October 2037. Amouage, the adjacent retail tenant has a lease through December 2032. Favorable net lease structures with tenant reimbursements for taxes, CAM, and insurance enhance cash flow and deal economics.
150 Spring Street is fully leased while 148 Spring Street is 53% occupied, with two vacant suites totaling 3,748 square feet offering immediate value-add opportunity through lease up.
Faits sur la propriété
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Taille totale du bâtiment | 13 657 pi² |
| Nombre de propriétés | 2 | Superficie totale du terrain | 0,08 AC |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 13 657 pi² |
| Superficie totale du terrain | 0,08 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 148 Spring St, New York, NY 10012 | Bureau | 7 257 pi² | 1920 | - |
| 150 Spring St, New York, NY 10012 | Commerce de détail | 6 400 pi² | 1920 | - |
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Contacts
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Ethan Stanton -
Jonathan Hageman -
Michael Mazzara -
Brendan Maddigan -
Guthrie Garvin -
Hall Oster -
Giancarlo Cugini -
JLL
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Vidéos
Visite extérieure 3D Matterport
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Photos
Vue depuis la rue
Rue
Carte
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148 & 150 Spring St
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