Presentation title - Massey Knakal
170 Mercer Street, New York, NY PRIME SOHO RETAIL CONDO Between West Houston & Prince Street FOR SALE
REDUCED PRICE
Asking Price: $10,000,000 The subject property is a 2,030 square foot vacant retail condo located on a prime block in SoHo on Mercer Street, between West Houston and Prince Street. The property includes a dedicated entrance on Mercer Street, with a mezzanine level of floor to ceiling windows creating high visibility. Mercer Street, between West Houston and Prince Street, has quickly become one of the most sought after retail corridors in Manhattan with high end retailers such as Prada, Dolce & Gabbana, Balenciaga, Versace and Marc Jacobs, all calling this stretch of Mercer Street home. Retail rents on Mercer have remained strong with Dolce & Gabbana and The Kooples both paying over $600/SF and Derek Lam paying over $700/sf. 170 Mercer Street presents the unique and rare opportunity for either a retailer or investor to capitalize on the growing international interest in SoHo retail.
PROPERTY FEATURES Total SF:
2,030 SF
Frontage:
23’
Cross Streets:
West Houston & Prince
For More Information, Please Contact: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Guthrie Garvin Executive Director (212) 696 2250 x 7786 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
Michael Gembecki Associate Director (212) 696 2250 x 7743 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3FL New York, NY 10016 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
170 Mercer Street, New York, NY Neighborhood Map
Versace
Prada Prada
Marc Jacobs
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
170 Mercer Street, New York, NY Floor Plan
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
170 Mercer Street, New York, NY
For More Information, Please Contact: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Guthrie Garvin Executive Director (212) 696 2250 x 7786 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
Michael Gembecki Associate Director (212) 696 2250 x 7743 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3FL New York, NY 10016 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
REDUCED PRICE
Asking Price: $10,000,000 The subject property is a 2,030 square foot vacant retail condo located on a prime block in SoHo on Mercer Street, between West Houston and Prince Street. The property includes a dedicated entrance on Mercer Street, with a mezzanine level of floor to ceiling windows creating high visibility. Mercer Street, between West Houston and Prince Street, has quickly become one of the most sought after retail corridors in Manhattan with high end retailers such as Prada, Dolce & Gabbana, Balenciaga, Versace and Marc Jacobs, all calling this stretch of Mercer Street home. Retail rents on Mercer have remained strong with Dolce & Gabbana and The Kooples both paying over $600/SF and Derek Lam paying over $700/sf. 170 Mercer Street presents the unique and rare opportunity for either a retailer or investor to capitalize on the growing international interest in SoHo retail.
PROPERTY FEATURES Total SF:
2,030 SF
Frontage:
23’
Cross Streets:
West Houston & Prince
For More Information, Please Contact: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Guthrie Garvin Executive Director (212) 696 2250 x 7786 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
Michael Gembecki Associate Director (212) 696 2250 x 7743 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3FL New York, NY 10016 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
170 Mercer Street, New York, NY Neighborhood Map
Versace
Prada Prada
Marc Jacobs
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
170 Mercer Street, New York, NY Floor Plan
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
170 Mercer Street, New York, NY
For More Information, Please Contact: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Guthrie Garvin Executive Director (212) 696 2250 x 7786 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
Michael Gembecki Associate Director (212) 696 2250 x 7743 [email protected]
Cushman & Wakefield 275 Madison Avenue, 3FL New York, NY 10016 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
