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Informations principales sur l'investissement
- 177 Spring Street is a rare SoHo mixed-use asset with eight loft residential units & two commercial units delivered with a value-add opportunity.
- Corner retail unit features turnkey F&B infrastructure, 25 feet of frontage, and high ceilings, supporting immediate restaurant operations.
- Prime location between West Broadway and Thompson Street, across from Vesuvio Playground, adjacent to The Dominick Hotel, Balthazar, and Ladurée.
- Five-story loft building combines classic 19th-century architecture with modernized systems, LED-lit common areas, and two underground parking levels.
- Thompson Street retail suite offers sunlit frontage, prime pedestrian exposure, and short-term leasing flexibility for boutique or pop-up concepts.
- Steps from Spring, Canal, and Prince Street subway stations, serving a dense, affluent trade area that generates $9B in annual spending.
Résumé analytique
177 Spring Street presents a rare value-add mixed-use investment in the heart of SoHo’s Cast Iron District. The five-story loft property spans approximately 7,545 gross square feet and features a classic 19th-century façade, modernized systems, LED-lit common areas, 14-foot ceiling heights, two underground parking levels, and at-grade rear access.
The asset includes eight residential units and two ground-floor retail spaces totaling 450 to 1,500 square feet. Stable, fully leased residential income is paired with below-market retail leases. The corner retail unit is fully vented and turnkey for food and beverage use, while the Thompson Street retail suite delivers sunlit frontage, prime pedestrian exposure, and short-term leasing flexibility, creating immediate income potential and a platform for repositioning.
Positioned between West Broadway and Thompson Street, directly across from Vesuvio Playground and adjacent to The Dominick Hotel, 177 Spring Street benefits from sustained pedestrian traffic driven by hospitality, residential density, and retail. The surrounding tenant mix includes established neighborhood anchors such as Balthazar, Ladurée, Stüssy, and Karl Lagerfeld, reinforcing the corridor’s blend of luxury retail and dining. The asset is blocks from Spring Street, Canal Street, and Prince Street MTA subway stations, providing seamless connectivity. More than half a million residents live within a 2-mile radius, generating approximately $9 billion in annual consumer spending and supported by a median household income of $112,000, creating a deep and resilient customer base for ground-floor retail.
The Lower West Side submarket continues to demonstrate durable fundamentals, maintaining the tightest vacancies among major US markets in early 2026. Over the past 12 months, rents have grown 2.8%, outpacing metro averages and underscoring sustained leasing velocity. 177 Spring Street offers the ideal blend of stabilized residential cash flow and retail re-leasing upside. The combination of corner visibility, rare food-grade infrastructure, affluent demographics, and consistent foot traffic positions this asset to drive income growth and long-term appreciation in one of New York City’s most coveted retail and residential markets.
No phone calls. Email inquiries only. Proof of funds required. All information is provided for marketing purposes and must be independently verified. The property is offered as-is, where-is. Caveat emptor applies.
The asset includes eight residential units and two ground-floor retail spaces totaling 450 to 1,500 square feet. Stable, fully leased residential income is paired with below-market retail leases. The corner retail unit is fully vented and turnkey for food and beverage use, while the Thompson Street retail suite delivers sunlit frontage, prime pedestrian exposure, and short-term leasing flexibility, creating immediate income potential and a platform for repositioning.
Positioned between West Broadway and Thompson Street, directly across from Vesuvio Playground and adjacent to The Dominick Hotel, 177 Spring Street benefits from sustained pedestrian traffic driven by hospitality, residential density, and retail. The surrounding tenant mix includes established neighborhood anchors such as Balthazar, Ladurée, Stüssy, and Karl Lagerfeld, reinforcing the corridor’s blend of luxury retail and dining. The asset is blocks from Spring Street, Canal Street, and Prince Street MTA subway stations, providing seamless connectivity. More than half a million residents live within a 2-mile radius, generating approximately $9 billion in annual consumer spending and supported by a median household income of $112,000, creating a deep and resilient customer base for ground-floor retail.
The Lower West Side submarket continues to demonstrate durable fundamentals, maintaining the tightest vacancies among major US markets in early 2026. Over the past 12 months, rents have grown 2.8%, outpacing metro averages and underscoring sustained leasing velocity. 177 Spring Street offers the ideal blend of stabilized residential cash flow and retail re-leasing upside. The combination of corner visibility, rare food-grade infrastructure, affluent demographics, and consistent foot traffic positions this asset to drive income growth and long-term appreciation in one of New York City’s most coveted retail and residential markets.
No phone calls. Email inquiries only. Proof of funds required. All information is provided for marketing purposes and must be independently verified. The property is offered as-is, where-is. Caveat emptor applies.
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Informations sur l’immeuble
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
À proximité
Restaurants |
|||
|---|---|---|---|
| Bistro Les Amis | Bistro | €€ | 1 min. à pied |
| Osteria Siciliana | Italien | - | 2 min. à pied |
| Boqueria Soho | Américain | €€€€ | 1 min. à pied |
| Vin Et Fleurs | Français | €€ | 2 min. à pied |
| Piccola Cucina Osteria-Spring St | Italien | €€ | 2 min. à pied |
| Laduree Paris | - | - | 2 min. à pied |
| So-Home | Biologique | USD | 2 min. à pied |
| AquaGrill | Fruits de mer | €€€ | 3 min. à pied |
| Sugarfish | Américain | €€€€ | 2 min. à pied |
| Torch & Crown Brewing Company | Américain | €€€ | 3 min. à pied |
Local commercial |
||
|---|---|---|
| Sunglass Hut | Autres commerces | 2 min. à pied |
| DKNY | Vêtements unisexes | 1 min. à pied |
| Bonpoint | Vêtements pour enfants | 2 min. à pied |
| Pandora | Bijoux/Montres | 2 min. à pied |
| Gucci | Autres commerces | 3 min. à pied |
| Swatch | Bijoux/Montres | 3 min. à pied |
| CVS Pharmacy | Pharmacie | 3 min. à pied |
| La Perla Boutique | Vêtements pour femmes | 2 min. à pied |
| Aveda | Parapharmacie | 3 min. à pied |
| Warby Parker | Accessoires de lunettes | 3 min. à pied |
Hôtels |
|
|---|---|
| Four Points by Sheraton |
150 chambres
7 min. à pied
|
| Courtyard |
120 chambres
7 min. à pied
|
| Sheraton Hotel |
369 chambres
7 min. à pied
|
| Best Western Plus |
58 chambres
13 min. à pied
|
| Holiday Inn Express |
102 chambres
14 min. à pied
|
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 1 355 153 € | |
| Évaluation du terrain | 368 496 € | Évaluation totale | 1 723 648 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
368 496 €
Évaluation des aménagements
1 355 153 €
Évaluation totale
1 723 648 €
Conseillers en vente
John Pasquale, Chairman
M. Pasquale a été l'un des pionniers de la tendance écologique « verte » qui anime actuellement le pays, à la tête de ce qui était auparavant l'Atlas Paper Company dans les années 1980. Il a été cité dans le New York Times et le New York Real Estate Journal pour des systèmes de construction écologiques au début des années 1990. Parmi ses membres professionnels actuels et passés, M. Pasquale a notamment siégé au Real Estate Board of New York, à la Building Owners & Managers Association International, à la National Association of Realtors, à la Chambre de commerce de Greenwich Village Chelsea, à la New York Association of Realty Managers, au Soho Partnership, au Chinatown Partnership et au Greenwich (CT) Association des agents immobiliers.
Il est agréé en tant que courtier immobilier à New York, en Floride, au Connecticut et au New Jersey. Il est également courtier en assurance multirisques à New York et au Connecticut. Il est titulaire d'un certificat en immobilier de l'université de New York. Il siège actuellement au comité directeur des efforts d'amélioration de SoHo et de Chinatown.
Il est agréé en tant que courtier immobilier à New York, en Floride, au Connecticut et au New Jersey. Il est également courtier en assurance multirisques à New York et au Connecticut. Il est titulaire d'un certificat en immobilier de l'université de New York. Il siège actuellement au comité directeur des efforts d'amélioration de SoHo et de Chinatown.
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SoHo Mixed-Use Building | 177 Spring St
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