New York Retail for Lease - Soho
177 Spring Street presents a fully renovated boutique retail opportunity in the heart of SoHo’s Cast Iron District. The five-story mixed-use building features eight residential units above two ground-floor commercial spaces, creating a built-in customer base and consistent daily activity.
Positioned within an M1-5B zoning district, the property accommodates a broad range of commercial and community facility uses, offering flexibility for boutique retail, showroom concepts, pop-ups, or restaurant operations. Strong architectural character, modernized systems, LED-lit common areas, two underground parking levels, and at-grade rear parking support both functionality and visibility in one of Manhattan’s most established retail corridors.
Two retail suites are available, ranging from 450 square feet to 1,500 square feet. The 450-square-foot space on Thompson Street delivers a recently renovated, sunlit storefront with prime SoHo foot traffic. Featuring abundant natural light and a private lower-level bathroom, the space supports boutique merchandising, experiential retail, and short-term or downsizing strategies seeking efficient layouts and immediate activation.
The 1,500-square-foot corner unit at Spring and Thompson Streets offers approximately 25 feet of frontage, 14-foot ceiling heights, and finished ceilings at 11 feet 6 inches. Currently operating as a pizzeria, the space retains full venting and mechanical infrastructure required for food and beverage use, an increasingly rare condition in historic SoHo properties. This existing build-out significantly reduces lead time and capital investment compared to a raw conversion. Offered directly by ownership, the lease presents a turnkey opportunity to secure a prominent corner presence with essential infrastructure already in place.
Situated between West Broadway and Thompson Street, directly across from Vesuvio Playground and adjacent to The Dominick Hotel, 177 Spring Street benefits from steady pedestrian traffic driven by hospitality, residential density, and destination retail. The surrounding retail mix includes established neighborhood anchors such as Ben's Pizza, San Carlo Osteria Piemonte, Stüssy, Karl Lagerfeld, Balthazar, and Ladurée, reinforcing the corridor’s blend of luxury, lifestyle, and everyday traffic drivers. Accessibility is supported by proximity to Spring Street, Canal Street, and Prince Street MTA subway stations. More than half a million residents live within a 2-mile radius, generating approximately $9 billion in consumer spending and supported by a median household income of $112,000.
177 Spring Street stands out for its corner visibility, boutique scale flexibility, and rare food-grade infrastructure. The combination of turnkey build-out, affluent demographics, and sustained foot traffic positions this commercial space to enjoy unrivaled exposure and brand equity in one of New York City’s most supply-constrained retail environments.