Trophy Soho Loft Mixed-Use Building | Flagship Retail | Potential 2B Tax-Class Designation

109 Spring St, Soho, NY 10012

Property Information

  • For Sale Contact for pricing
  • Property Type Mixed Use - Retail / Residential
  • Property Size 30,717 SF
  • Units 9
  • Lot Size 0.13 Acre
  • Taxes / YR $802,297.00
  • Zoning M1-5 / R7X (MIH)
  • # of Floors 6
  • Year Built 1900
  • Date Updated May 6, 2026

Description

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.

Contacts

Location

Located at 109 Spring St, Soho, NY 10012, this property is part of the SoHo neighborhood and Manhattan market.

Contact Trophy Soho Loft Mixed-Use Building | Flagship Retail | Potential 2B Tax-Class Designation
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