Investment Highlights

Generational Soho Offering
On the market for the first time in 40 years.

World-Class, Flagship Retail Potential
All retail leases expiring in January 2027 presents immediate flagship location with strategic frontage on both Spring & Mercer Streets

Tremendous Retail Synergy
Highly trafficked location surrounded by blue-chip luxury brands

Substantial Residential Upside
Nine units (4 free-market, 5 rent-stabilized) currently operating well below Soho market rates.

Valuable 2B Tax Designation
Tax assessment increases capped at 8% annually and 30% over five years.

Additional Signage Income
Reliable, passive revenue via a 15-year signage lease on its prominent eastern façade.

Abundant Mass Transit
Steps from A, C, E, N, R, W, B, D, F, M, and 6 subway lines.