Cushman & Wakefield Retained Exclusively to Sell Retail Condominium Unit in SoHo
Cushman & Wakefield has been retained on an exclusive basis to sell a retail condominium at 170 Mercer Street. The property is located between West Houston and Prince Streets in Manhattan’s SoHo neighborhood. The asking price is $12,000,000.
The condominium contains approximately 2,030 square feet and features 23’ of frontage. It benefits from a dedicated entrance on Mercer Street and features a mezzanine level with floor-to-ceiling windows, creating high visibility. The condominium will be delivered vacant.
The property is ideally located on one of the most sought after retail corridors in Manhattan. Neighboring high-end retailers include Prada, Dolce & Gabbana, Balenciaga, Versace, and Marc Jacobs. This offering presents a unique opportunity for either a retailer or investor to capitalize on the growing international interest in SoHo retail.
“This is a great opportunity for a retailer or an investor to benefit from the strength of this high-end retail corridor on Mercer Street,” said Cushman & Wakefield’s Guthrie Garvin, who is exclusively marketing this property with Robert Burton. “This completely renovated and unique retail space offers a great opportunity for a user looking to enter the SoHo market,” added Robert Burton.