481 Broadway aka 54 Mercer Street

Avison Young, as the exclusive agent, is pleased to offer for sale 481 Broadway aka 54 Mercer Street (the ‘Property’), a commercial mixed-use building nestled within the heart of SoHo. The Property has been held by the same ownership since 1985, representing a rare opportunity to acquire an asset that has not traded in over four decades. Block through between Broome Street and Grand Street, the Property benefits from an unparalleled location along one of Manhattan’s most heavily trafficked retail corridors, surrounded by a dense mix of global luxury retailers, destination dining, and best-in-class office tenancy. Spanning five stories and totaling 16,695 GSF (19,869 RSF), the building is comprised of two retail spaces at grade and seven office spaces across the upper floors.