17-19 Thompson St Ground Floor Retail Space
- 1,500 SQFT
- $3,250,000
Corner retail condominium positioned at the base of a classic Soho building delivers a highly visible, street-activated layout designed to capture consistent pedestrian flow from multiple directions. Entry occurs directly from the sidewalk through a glass storefront that wraps the corner, immediately opening into a bright, rectangular retail floor that can function as a primary sales area, gallery, or showroom depending on use. The frontage is expansive and uninterrupted, allowing merchandise displays, branding elements, or seating installations to line the perimeter while maintaining clear sightlines across the entire space.
The interior unfolds as a largely open plan, with the main retail zone extending from the corner frontage deeper into the unit, creating a natural progression from high-traffic display space at the entrance to more flexible merchandising or service-oriented areas toward the rear. The ceiling height supports an airy presentation, while clean wall lines allow for shelving, art installation, or product display without structural interference. Because the layout remains column-light and unobstructed, the space can be easily adapted for a variety of retail concepts ranging from boutique apparel to experiential showroom use.
Toward the back portion of the unit, the plan transitions into a secondary zone that can accommodate back-of-house functions such as storage, office administration, or preparation space. This area is set apart from the main retail floor while remaining easily accessible, allowing staff operations to function without interrupting the customer-facing experience. Additional utility areas can be carved out as needed, depending on the tenant’s operational requirements, with the depth of the unit supporting multiple configurations.
The corner positioning creates exposure along two street-facing sides, significantly enhancing visibility and branding potential compared to mid-block storefronts. Large windows on both frontages allow the retail floor to benefit from constant daylight and provide extensive display opportunities that engage foot traffic from both directions. While this is not a full-floor commercial installation, the ground-level presence and corner identity deliver a strong standalone footprint within one of Soho’s most active retail corridors.
Surrounding the property is a dense mix of high-end retail, hospitality, and residential traffic, reinforcing consistent demand and long-term value. The layout’s simplicity, combined with its prominent exposure and adaptable interior, makes it well suited for an owner-user or investor seeking a stable, high-visibility retail asset in a proven downtown location.
Notes: Prime corner building in the heart of SoHo’s retail corridor, Adjacent to ModernHaus SoHo Hotel and luxury co-tenancy, Surrounded by high-end retail, dining, and cultural landmarks, Steps from multiple subway lines including Canal and Spring St, Co-op structure with inclusive maintenance and tax coverage, Historic architecture with strong long-term investment appeal.
This Co-op is available for $3,250,000. The property projects a net operating income of $266,266. This offers a good capitalization rate at 7.6%.
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