Multi-family

Prime Soho Multifamily Investment Opportunity – 75–77 Thompson Street

Address: 75–77 Thompson Street, New York, NY, 10012
Price: $20,500,000 ($931,818 per Unit)
Sale Type: Investment Sale
Type: 2-Star Mid-Rise Apartments
Location: Urban – Central Business District (CBD) / Soho
Units: 22 Residential Units
Avg Unit Size: 537 SF
Stories: 6 Stories
Building Class: C
Gross Building Area (GBA): 13,416 SF
Typical Floor Size: 2,324 SF
Number of Buildings: 1
Units per Acre: 344 Units/AC
Market Segment: All (Private and Institutional Investors)
Rent Type: Market Rate

Investment Overview:

75–77 Thompson Street presents a rare opportunity to acquire a well-located multifamily asset in the heart of Soho, one of Manhattan’s most desirable residential and retail neighborhoods. With 22 market-rate units in a classic pre-war mid-rise, this property offers stable income, consistent demand, and strong long-term value appreciation in a globally recognized location.

Key Features:

Highly Desirable Soho Location:

✔ Prime address on Thompson Street between Spring and Broome Streets
✔ Surrounded by luxury boutiques, renowned restaurants, cultural landmarks, and art galleries
✔ Strong local and international tenant demand with premium neighborhood amenities

Classic Pre-War Mid-Rise Building:

✔ 6-story walk-up with historic architectural charm and boutique scale
✔ 22 efficiently designed residential units averaging 537 SF each
✔ Fully market-rate leases offering immediate income stability and future rent growth potential

Building Specifications:

✔ 13,416 SF Gross Building Area with typical floor sizes of 2,324 SF
✔ 1 building with 344 units/AC density
✔ Class C designation providing value-add or repositioning opportunities through targeted upgrades

Financial Highlights:

✔ Asking Price: $20,500,000 ($931,818 per unit)
✔ Stable in-place income with upside potential through renovations and unit modernization
✔ Attractive cash flow opportunity in an ultra-prime Downtown submarket

Conclusion:

75–77 Thompson Street offers an outstanding investment opportunity in one of Manhattan’s most iconic and consistently high-demand neighborhoods. Perfect for investors seeking strong income fundamentals, value-add potential, and long-term growth in the heart of Soho.

Contact us today to request the full offering memorandum or schedule a private tour.