150 Thompson Street Retail Co-Op, New York, NY 10001

SoHo, New York, New York 10001

$6,500,000  

Listing ID Number

25319

Property Description

Cushman and Wakefield has been retained on an exclusive basis to arrange for the sale of a retail co-op interest located at 150 Thompson Street. The property sits at the base of a five-story, mixed-use, co-op building on the east side of Thompson Street between Prince Street and West Houston Street. The 7,800 SF unit features approximately 50' of frontage on Thompson Street, a 3,500 SF lower level, a glass façade, 12‘8” ceiling heights on the ground floor and 10’9” ceilings on the lower level. The space is currently in vanilla-box condition and will be delivered vacant. The unit could potentially be divided into two units providing smaller spaces which could be rented individually. The Soho neighborhood is world renowned as a vibrant and lively retail and residential district, and 150 Thompson Street is perfectly situated to capitalize on these trends. The property benefits from a strong location, only steps away from restaurant and retail hotspots such as Apple’s Soho location, The North Face, Polo Ralph Lauren, H&M, Cipriani, Dos Caminos, and Shuka’s. Various subway stations within a half mile of the property service the R, W, C, E, 1, B, D, F & M lines. The Retail at 150 Thompson Street represents a strong opportunity for a user or an investor to acquire retail space in one of the strongest retail markets in the world. 150 Thompson street is also available for lease.

Overview

Building Type:Commercial Condo/Co-op

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

James P. Nelson
Vice Chairman
(212) 660 7710
james.nelson@cushwake.com

Robert Burton
Senior Managing Director
(212) 660 7770
robert.burton@cushwake.com

David Shalom
Director
(212) 660 7767
david.shalom@cushwake.com

Keegan Mehlhorn
Associate Director
(212) 660 7718
keegan.mehlhorn@cushwake.com


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Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.