25-27 Mercer Street — Sale in New York, NY
- Price: $98K
- Listing type: For sale
- Asset type: Retail Business
- Location: New York, NY 10013
- Size: 5,496 SF
Photos
Description
Jones Lang LaSalle (“JLL”) has been exclusively retained to facilitate the sale of 25–27 Mercer Street, comprising two adjacent ground-floor retail condominiums in the heart of SoHo, Manhattan. Positioned on the west side of Mercer Street between Canal and Grand Streets, the properties occupy a single 6,185-square-foot tax lot and offer approximately 62 feet of combined frontage. Both units will be delivered vacant, presenting a compelling opportunity for investors to capitalize on strong leasing fundamentals in SoHo or for user-buyers seeking to own space within one of Manhattan’s premier retail corridors. Located at the base of a 5-story building, 25 Mercer Street features 3,005 square feet at grade plus 2,684 square feet below grade for a total of 5,689 square feet. Immediately next door, 27 Mercer Street is situated at the base of a 3-story building. The space includes 2,571 square feet on the ground floor and an additional 1,332 square feet below grade for a total of 3,903 square feet.
Market Context
This retail in New York, NY is listed for sale at $98,214 across 5,496 SF. Compare it against other retail listings for sale in New York, NY — view the full market.
Estimated Price per SF
$488.05/SF – $3,549/SF
Mid: $1,479/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Jonathan Hageman · 2128125995 · jonathan.hageman@jll.com
- Ethan Stanton · 5167907718 · ethan.stanton@jll.com
- Guthrie Garvin · 2123772133 · guthrie.garvin@jll.com
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