4-Unit Soho Investment Property
| Price: | Usage: | Neighborhood: |
|---|---|---|
| $7,350,000 | Investment Sales | Soho |
Tungsten Property
Property Description
Built in 1920, this four story mixed-use building is available for purchase. The property is composed of one retail unit and three rent-stabilized residential loft units. A fire escape staircase is attached to the upper residential floors on the south side. The retail space consists of 2000 sq ft, and benefits from heavy foot traffic. The retail space can also potentially be delivered vacant.
Building width: 25 ft
Building depth: 80 ft
Building dimensions: 25 ft x 80 ft
Gross SF: 7,950
Corner Lot: SouthEast
Lot Area in SF: 2,010
Lot Frontage: 25 ft
Lot Dimensions: 25 ft x 80.08 ft
Building Zoning: M1-5B
SoHo is a thriving, fashionable neighborhood in New York City. An acronym for "South of Houston Street,” SoHo is historically tied to the artistic explosion of New York City and remains an important destination for fashion and the arts. It's distinguishable cast-iron building architecture and cobblestone streets make its lofts, commercial, retail and office spaces a haven for the city's young urban professionals and artists alike. Great opportunities for commercial class A, B and C office space with building amenities such as 24-hour doormen and access, dedicated elevators, sophisticated reception and conference areas, IT support, impressive views and large windows. Tenants looking to lease or sublease office space in this New York neighborhood can expect to rub shoulders with creative advertising, marketing, PR, and media companies as well as boutique hedge funds, asset managers, and law firms. Landmark buildings The Little Singer Building, The E.V. Haughwout Building, 109 Prince St, 112 Prince St and it’s Trompe L’oeil Mural are spread throughout SoHo. Major thorough fares include Spring, Prince, Wooster, Greene, Mercer, Thompson, Broadway Street and the Prince St. R,W, the Spring St., and the Broadway-Lafayette B,D,F,V Subway Stops.
