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17-19 Thompson St - Retail CO-OP
1,500 SF Retail Condo Unit Offered at $3,500,000 in New York, NY 10013
Investment Highlights
- Seven Unit CO-OP Building featuring a Ground floor RETAIL CO-OP space with corner frontage
Executive Summary
This is 7 story 7- unit CO-OP building located on a corner lot within one block of Duarte Square, Grand Canal Court and the Canal St Subway station within the historic SoHo district. The Soho economy is driven by a range of businesses, including fashion and clothing retailers, art galleries, restaurants, and bars. The neighborhood is also a popular destination for tourists, who come to experience its unique blend of history, culture, and shopping. Soho real estate is some of the most expensive in the city, with high-end apartments and lofts commanding premium prices.
Property Facts
| Price | $3,500,000 | Sale Type | Investment |
| Unit Size | 1,500 SF | Building Class | C |
| No. Units | 1 | Floors | 7 |
| Total Building Size | 13,372 SF | Typical Floor Size | 1,910 SF |
| Property Type | Multifamily (Condo) | Year Built | 1910 |
| Property Subtype | Apartment | Lot Size | 0.04 AC |
| Price | $3,500,000 |
| Unit Size | 1,500 SF |
| No. Units | 1 |
| Total Building Size | 13,372 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | C |
| Floors | 7 |
| Typical Floor Size | 1,910 SF |
| Year Built | 1910 |
| Lot Size | 0.04 AC |
1 Unit Available
Unit Retail
| Unit Size | 1,500 SF | Sale Type | Investment |
| Price | $3,500,000 | Cap Rate | 7.38% |
| Price Per SF | $2,333.33 | NOI | $258,297 |
| Condo Use | Retail |
| Unit Size | 1,500 SF |
| Price | $3,500,000 |
| Price Per SF | $2,333.33 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.38% |
| NOI | $258,297 |
Description
RETAIL CO-OP Offering
Please see attached memorandum for more details on this RETAIL CO-OP, including zoning maps and floor plans
This prime SoHo Corner Retail Co-op Is leased to the SoHo Finest Market on the ground floor of the 7 story 7- unit co-op building and adjacent to the world-renowned SoHo Modern Haus hotel. SoHo is well known for its high-end restaurants, Designer boutiques, upscale art galleries and strolling along the charming cobblestone streets.
Sale Notes
RETAIL CO-OP Offering
Please see attached memorandum for more details on this RETAIL CO-OP, including zoning maps and floor plans
This prime SoHo Corner Retail Co-op Is leased to the SoHo Finest Market on the ground floor of the 7 story 7- unit co-op
17 Thompson RETAIL COOP Interior
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
zoning
| Zoning Code | M1-5B (CO-Op building) |
| M1-5B (CO-Op building) |
-
Nicole Carra - NLC Realty LLC Associates
Presented by
NLC Realty LLC Associates
17-19 Thompson St - Retail CO-OP
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