Real Estate Information
15,000 SF Listing Cast-Iron Building
Found between Spring and Broome Streets in Soho Manhattan; this iconic cast-iron building is perfect for companies looking to downsize or that are looking for a short-term commitment. The five-story building that spans 15,000 (14,091 sf.) square feet AND offers commercial space for rent featured in individual units with open floor layouts; OPTIONALLY both half and full-floor plates are available at the sizes of 2,350 SF. or 5,200 SF. Each of the eight unit enjoy a loft-style appearance that incorporates the basic features of; high exposed beamed ceilings (14' finished), polished hardwood floors, with brushed aluminum ductwork. Each unit has been tastefully constructed as class B office spaces utilizing neutral color palettes that blend well with any modern aesthetic.
Today there is available space for lease within!
Available Sizes: 12,650 square feet across six floors
Mercer Street Office for Lease 5,000 SF.
Create a full-building identity or individually lease showcase-quality office suites in the heart of Manhattan’s SoHo.
Leasing Rate: Call for Details (available Jan 2023)
Real Estate Information
250,000 SF Listing Building Property
Formerly known as the Lyons Building, 594 Broadway is located between Prince and Houston Streets in downtown Manhattan's Soho area. Spanning 12 stories this commercial high-rise building contains 12 stories covering 250,000 SF. with office space availability here ranging from 2,000 SF. to 15,000 SF. in size. Internally the property contains loft-like office spaces each featuring polished hardwood floors high beamed ceilings, brick wall accents, large oversized windows, and original architectural columns.
Commercial Space for Rent NYC; at this landmark property you have the option of doing a direct lease or renting a fully furnished commercial sublet.
Today there is available rental space here!
Available Sizes: 2,000 square feet upwards of 15,000 square feet which can be either a Full or Partial Floor Unit
594 Broadway Fifth Floor Office Rental 1,595 SF.
594 Broadway Fifth Floor Office Rental 2,235 SF.
Leasing Rate: Call for Details
Real Estate Information
250,000 SF Listing Building Property
41 Wooster Street is located between Grand Street and Broome Street in the heart of Soho is a small boutique loft building. This is a excellent spot for companies looking for a small space with options for a short-term lease. The 4-story building has 18,500 SQFT of office and retail space. Size range varies from 1,000 sq ft to 3,000 sq ft for office space. In this building you can have a full kitchen if your company needs that requirement. Highlights of the spaces are wood floors with floor-to-ceiling windows that allow for great sunlit exposure, plus the implementation of modern finishes throughout. All spaces are configured into mainly open layout and are able to accommodate 1 - 2 offices if needed. If you are working on a tight budget this is a good location to consider.
If you would like to know more about available spaces in this building property please call or click!
Available Sizes: 1,000 square feet upwards of 3,000 square feet which can be either for an Office Space or Showroom (Full-Kitchen Commercial Spaces Available)
Leasing Rate: Call for Details
Real Estate Information
250,000 SF Listing Building Property
54 Thompson Street is a Seven story 11 unit mixed use building containing two residences, with the property located at the corner of Broome and Thompson Street. The property enjoys views for all sides being that the building has no neighboring properties flanking up against it. The entirety of the building is commercial save for two residentials unit with one of which being the penthouse.
At this property you can find a Soho office space for rent with leasing size options that range from 2,000 sf. to a full floor unit just under 6,500 sf. 54 Thompson Street contains roughly 42,000 square feet of office space for rent; this location offering commercial space for offices, medical suites, and showrooms. Due to the new renovations the building is now ADA compliant most notably; featuring a walking ramp and elevators cabs that can accommodate.
If you would like to know more about available spaces in this building property please call or click!
Available Sizes: Wide-open workspaces flooded with natural light from 3 sides which can be either for an Office Space, Medical Suite, or as Showroom Space
54 Thompson St Fifth Floor Office Rental 1,061 SF.
54 Thompson St Fifth Floor Office Rental 1,985 SF.
Leasing Rate: Call for Details
Real Estate Information
86,579 SF Listing Building Property
At 60 Charlton Street, you'll be surrounded by other high-caliber businesses in a vibrant and dynamic neighborhood. SoHo has become a hub for tech-forward companies seeking a unique and dynamic work environment to attract and retain top talent. With capital improvements common throughout the area, you can expect a modern and updated workspace that will impress clients and employees alike. Navigating the options for office space in SoHo can be overwhelming, but our expert local knowledge can help you find the ideal space for your business.
Available Sizes: With several spaces and full floors available for rent, this property is perfect for businesses of all sizes.
60 Charlton Street 11th Floor Office Rental 8,875 SF.
60 Charlton Street 11th Floor Office Rental 9,480 SF.
Leasing Rate: Asking office rents in the Soho area range today between $60 and $70 per square foot - but in brand new glass office tower these now range upwards of $90 to $120 per square foot, making it an attractive option for those seeking high-quality office space at an affordable price point.
Real Estate Information
295,000 SF Listing Building Property
Located in the heart of SoHo, 110 Greene Street offers unique commercial space for creative and cutting-edge firms. This Class A office building features 221,000 square feet of total rentable area, with floor plates averaging 17,500 square feet. The 13-story steel-framed skyscraper, with frontages on both Greene and Mercer Streets, is a fusion of two structures completed by Charles "Broadway" Rouse in 1908 and 1920, respectively.
Available Sizes: The building spans across 295,000 square feet and boasts 13 floors of prime Class A Soho/Noho office space. Currently the building features roughly 15,000 square feet of retail space and is known for its abundant natural light, exquisite views of Midtown Manhattan, polished concrete floors, exposed brick and ceilings, open-plan layouts, cafe, rooftop deck, and a shared tenant conference room.
Leasing Rate: Call for Details
Real Estate Information
42,000 SF Listing Building Property
Located in the heart of Soho's bustling business district, 176 Grand Street is an exceptional commercial real estate property that offers a variety of features and amenities that can meet the needs of modern businesses. This beautiful seven-story building, which was originally constructed in the 19th century, has been carefully restored to combine classic architecture with modern technology and amenities.
Available Sizes:The building offers a variety of spaces to choose from, including private offices, coworking spaces, and conference rooms, all of which are equipped with state-of-the-art technology and high-speed internet. Additionally, there are communal spaces available where tenants can collaborate and network with other businesses in the building.Overall what you will find here are industrial loft-style office spaces with details that include; polished hardwood floors, high exposed beamed ceilings, exposed ductwork, large operable windows. The building contains 1 commercial space for lease.
Leasing Rate: Call for Details
Real Estate Information
226,376 SF Listing Building Property
155 Sixth Avenue is a 15-story office building in SoHo, Manhattan, offering a total of 224,308 square feet of leasable space. Built in 1929 and renovated in 2019, the building features high ceilings of up to 11'-5", onsite management, 24/7 access and security, and boutique-style floor plates ranging from 12,500 to 15,300 square feet. The building is located at the corner of Spring Street and directly across from the newly re-opened Spring Street Park, making it a prime location in SoHo, known for its creative and technology industries.
Available Sizes: 155 Sixth Avenue is an ideal location for businesses looking for sustainable office buildings with Energy Star and LEED certifications. With a range of leasing options available, businesses of all sizes can find the perfect space to manifest their vision and spirit.Today, the building offers boutique-style floor plates ranging from 12,500 to 15,300 square feet, providing full-floor presence for smaller tenants. It is an ideal location for businesses looking for a sustainable office building with Energy Star and LEED certifications.
Leasing Rate: Call for Details
Real Estate Information
21,000 SF Listing Building Property
446 West 14th Street is a three-story, 21,000-square-foot commercial building in the heart of the Meatpacking District in Manhattan, with a ground floor that can be leased separately or in combination with the lower level, making it perfect for retailers and restaurateurs. The building boasts approximately 50 feet of frontage and offers exceptional visibility to the Meatpacking's sophisticated denizens. The building is perfect for fashion, technology, media, and financial services firms, all of which are headquartered in the Meatpacking District.
Available Sizes: The building has three commercial spaces available for lease. The ground floor offers 4,400 sq ft, which may be leased separately or in combination with a lower level of 4,000 sq ft. The 2nd and 3rd floors offer 7,100 sq ft each, with the 2nd floor currently available for lease. The building's premium rental price is tied to the high rents that the neighborhood commands.
Leasing Rate: Call for Details
Real Estate Information
384,189 SF Listing Building Property
233 Spring Street, also known as One SoHo Square, is a 15-story building located on the west side of Avenue of the Americas in SoHo and Hudson Square, New York City. This building today offers brand new infrastructure and amenities, including a new glass-enclosed lobby, digital media wall, communal roof terrace, bike storage, messenger center, and nine new destination dispatch elevators. 233 Spring Street has set the new standard for collaborative office space in Manhattan's most storied neighborhood, with luxurious interiors, open floor plans, panoramic city views, and high-end retail tenants such as Trader Joe's with pre-made food offerings for tenants. 233 Spring Street is a Class A office building with a 4-star LoopNet rating, and the property type is retail in the Hudson Square submarket.
Available Sizes: The available office spaces at 233 Spring Street today are 10,359 rentable square feet on the partial 5th floor, 27,482 rentable square feet on the entire 8th floor in white box condition with three private terraces, and 25,885 rentable square feet on the entire 9th floor in white box condition with two private terraces. All spaces feature high ceilings, rounded columns, and tenant-controlled HVAC.
Leasing Rate: Call for Details
Real Estate Information
30,964 SF Listing Building Property
165 Mercer Street is a 30,964 square feet building with a typical floor size of 4,897 square feet, a 4-star LoopNet rating, and building class A. With its prime location and flexible modern amenities, 165 Mercer is an ideal choice for businesses seeking premium office space in the heart of Manhattan.
Available Sizes: Office units are delivered with full distribution, allowing for plug-and-play office suites with designer bathrooms and kitchenettes echoing the building’s modern sensibilities in a historic setting. - the penthouse at this building location is a duplex which enjoys both the entire 5+ 6th floors. The Penthouse duplex unit pairs open workspace with an exclusive retreat above, offering access to a 300 square feet private terrace. Otherwse available office spaces here generally include; a main work area, perimeter offices, pantry, and an optional reception area with lease types being direct from the landlord; all new units are delivered in white box condition.
Leasing Rate: Call for Details (Lease Length 3 to 10 Year)
Real Estate Information
16,830 SF Listing Building Property
Built in 1900, 416 West Broadway is a four-story brick building situated in the heart of SoHo, one of Manhattan's most iconic neighborhoods. The building's exterior features a classic design that is synonymous with the area, with large windows on each floor that allow natural light to flood the interior. The ground floor is home to a popular retail store, with three floors of commercial office space above. Today, 416 West Broadway is a sought-after address for businesses looking to establish a presence in one of Manhattan's most vibrant neighborhoods. Its location on West Broadway places it in the heart of SoHo's bustling commercial district, with easy access to some of the city's most renowned shopping and dining destinations. Despite its age, the building retains its historic charm and is a prime example of the stunning cast-iron buildings that make SoHo an iconic neighborhood in New York City.
Available Sizes: There are handful of available spaces here today; ther is an unrenovated second-floor office and apartment that could provide a short-term upside opportunity. Additionally there is a Ground floor retail unit available for rent with 1,600 square feet of commercial space and an additional 875 square feet of lower cellar space below. Term is flexible for long-term and pop-up leases with the benefit of Possession available on June 1, 2023.
Leasing Rate: Rent is available upon inquiry
Real Estate Information
80,000 SF Listing Building Property
300 Lafayette Street is a landmark, 80,000 square-foot, seven-story mixed-use office and retail building located in SoHo, Manhattan. Designed by COOKFOX Architects and Studio 5, the building is the first new Class A office space in the SoHo submarket in a century. The property comprises 50,000 square feet of office space and 30,000 square feet of retail space, which includes flagship retail stores and state-of-the-art offices with floor-to-ceiling windows and significant outdoor/green space.
Available Sizes:300 Lafayette Street offers terraces, bicycle storage, en-suite showers, and state-of-the-art amenities that appeal to modern-day businesses. It also features a low-density column plan, unparalleled three-street exposure and visibility, and dedicated off-street loading. The retail space includes 18,500 square feet of prime consumer brand marketing space, with a 40-ft high glass corner "Beacon" LED signage and a 40x20 ft glass cube. The ground floor features a ceiling height of 20 ft, while the lower level features 16 ft ceiling heights, with a low-density column plan, providing businesses with maximum flexibility.
Leasing Rate: Call for Details
Real Estate Information
120,000 SF Listing Building Property
Owned and managed by ABC Realty, the Soho International Arts Center offers over 30,000 square feet of retail space in addition to its office offerings. Creative office tenants in industries like media, publishing, fashion, and coworking will find the space highly appealing, with amenities such as an attended lobby and column-free office spaces. Originally built in 1917 and renovated in the 1980s, 599 Broadway is a 12-story, 120,000 square foot office building located in the heart of Midtown South's Soho neighborhood. The building, also known as the Soho International Arts Center, boasts stunning city views, high ceilings, and large windows that flood the space with natural light.
Available Sizes: Wide-open workspaces flooded with natural light from 3 sides which can be either for an Office Space, Medical Suite, or as Showroom Space
Leasing Rate: Call for Details
About Soho Building Properties NYC
Soho, short for "South of Houston," is a neighborhood located in Lower Manhattan, New York City. Known for its trendy boutiques, art galleries, and high-end restaurants, Soho is also home to a variety of commercial buildings.
One of the most iconic commercial buildings in Soho is the cast-iron structure at 594 Broadway. Built in 1882, this building was one of the first to feature the cast-iron architectural style that became popular in the late 19th century. Today, the building houses luxury fashion brands such as Gucci and Saint Laurent.
Another notable commercial building in Soho is the Puck Building. Built in 1885, this building was originally used as a printing press for Puck Magazine. It later served as a garment factory before being converted into luxury lofts in the 1980s. Today, the Puck Building is home to a variety of businesses, including art galleries, advertising agencies, and tech startups.
The Soho Building, located at 138 Prince Street, is another historic commercial building in the neighborhood. Built in 1891, this building was originally used as a warehouse before being converted into office space in the 1970s. Today, the Soho Building is home to a variety of businesses, including law firms and tech startups.
A more recent addition to Soho's commercial landscape is the Holland Tunnel Ventilation Building at 550 LaGuardia Place. Completed in 2007, this building was designed by the architect Richard Rogers and serves as a ventilation shaft for the Holland Tunnel. In addition to its primary function, the building also features a public art installation and a green roof.
Soho is also home to a number of former industrial buildings that have been repurposed as commercial spaces. The Soho Lofts, located at 63 Greene Street, is a prime example. This building, which was originally a factory, has been converted into luxury loft apartments and now also houses a variety of commercial tenants, including fashion retailers, art galleries, and architecture firms.
In addition to its historic and repurposed commercial buildings, Soho is also home to a number of new developments. The Hudson Square neighborhood, located just north of Soho, is currently undergoing a major redevelopment, with several new commercial buildings set to open in the coming years.
In conclusion, Soho is home to a diverse array of commercial buildings, from historic cast-iron structures to repurposed industrial buildings and new developments. These buildings not only serve as workplaces for the neighborhood's residents and visitors, but also as cultural and architectural landmarks. Soho is a prime example of how a city can preserve its past while also embracing the future.
Condos / Co-ops / Townhomes
Condominium
A commercial condominium is a portion of an office building (referred to as a "Unit") that can be purchased, rather than leased, from the owner/developer of the office building (referred to as the "Sponsor"). The owner of the office condominium unit (the "Unit Owner") holds title to the premises and has full control over any and all design elements within the premises. Office condominium units may also be purchased from another Unit Owner. The condominium unit may be as small as a single office suite among many suites on a floor of an office building, or it could consist of an entire floor of an office building, or even several combined floors. Any construction or other improvements made to the premises of the office condominium belong to the Unit Owner.
Cooperative
Purchasers of a Cooperative buy shares in the corporation allocated to a particular floor or unit. Ownership of the shares entitles the purchaser to a long term proprietary lease for the unit. Maintenance charges are based upon the number of shares in the corporation allocated to a unit.
Townhouse
Commercial townhouse ownership is "fee simple" ownership of real property. There is no board approval in the purchase or sale of a townhouse. The sale of the property may be conveyed to any party without prior approval by anyone other than the property. Unlike cooperatives and condominiums, townhouses in New York City do not require monthly payments to a building for expenses. Townhouses are measured and sold using real feet. Meaning there is no "loss factor." There are expenses each year for real estate taxes, water and sewer charges, utilities and heat, and maintenance and repair. Tax rates are determined annually by the NYC Council according to class of real property.
Benefits of Owning
• Fixed Costs: Locking in your commercial mortgage long-term can give your business clear, fixed costs.
• Tax Deductions: The associated costs of owning and running a commercial space can provide tax deductions in the form of mortgage interest, property tax deduction and depreciation tax deduction.
• Additional Income: Owning your office can offer the advantage of renting out extra office space, adding another source of income.
• Retirement Savings: The prospect of owning commercial space and having the property appreciate over time, allows the owner to sell at a future date and fund their retirement.
• Accelerated Depreciation refers to any one of several methods by which a company, for 'financial accounting' or tax purposes, depreciates a fixed asset in such a way that the amount of depreciation taken each year is higher during the earlier years of an asset's life.
• Straight-line Depreciation is the depreciation of real property in equal amounts over the allowed life of the property for tax purposes. A certain commercial property can be depreciated using a tax life of 39 years.
• Owners of commercial real estate can reduce their tax bill by depreciating the value of their property over a set period of time (the buildings' "useful life," as defined by the IRS): the IRS depreciates residential rental buildings over 27.5 years and retail and other commercial structures over 39 years.
• Resource Link: Raisal.com How Federal Tax Reform Will Impact Commercial Real Estate
Business Loan Lenders
Bank of America - Small Business Financing Real Estate Loans
Chase - Business Bankning Loans Real Estate Financing
Wells Fargo - Wells Fargo Business Credit Purchase Loan
Savoy Bank - Commercial Real Estate Buiness Loans
Citibank - Citibank Commercial Real Estate Loans Division
Small Business Association (SBA) Loan
The SBA works with lenders to provide loans to small businesses. The agency doesn't lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders, community development organizations, and micro-lending institutions. The SBA reduces risk for lenders and makes it easier for them to access capital. That makes it easier for small businesses to get loans.
https://www.sba.gov/
