Commercial Lease – 315 Spring Street, New York, NY 10013
Asking Rent: $7,000/month
Size: 1,800 SF
Lease Type: Retail / Office / Studio / Showroom
Property Type: Ground-Floor Commercial Space
Location: SoHo / Hudson Square (10013)
Availability: Immediate
Property Overview
315 Spring Street offers a 1,800 SF ground-floor commercial space located in the highly desirable SoHo / Hudson Square corridor. Positioned on Spring Street, the property benefits from steady pedestrian activity generated by nearby offices, creative firms, residential buildings, and destination retail.
This location is well suited for creative offices, studios, showrooms, boutique retail, wellness concepts, or service-oriented businesses seeking a downtown Manhattan presence at an accessible rent level.
Key Features
- Total Size: 1,800 SF
- Asking Rent: $7,000/month
- Annualized Rent: ≈ $84,000
- Effective Rent per SF: ≈ $47/SF annually
- Configuration: Open ground-floor layout with flexible build-out options
- Frontage: Spring Street exposure
- Potential Uses: Office, studio, showroom, boutique retail, wellness, creative services
- Neighborhood Profile: Strong mix of creative offices, residential population, and destination retail
Lease & Terms
- Base Rent: $7,000/month (~$47/SF/YR)
- Term: Negotiable
- Availability: Immediate
- Due at Signing: First month’s rent and security deposit; tenant financials required
- Tenant Responsibilities: Utilities and standard commercial lease obligations
Market Profile
- Location Advantage: Located between SoHo, Hudson Square, and Tribeca, an area known for creative and tech tenants.
- Transit Access: Convenient access to A/C/E, 1, 2, R/W subway lines.
- Neighborhood Demand: Strong demand from creative, professional, and boutique users.
- Competitive Advantage: Attractive rent for a ground-floor space in a premier downtown corridor.
Summary
The 1,800 SF commercial space at 315 Spring Street, New York, NY 10013, offered at $7,000/month (~$47/SF annually), presents a compelling value opportunity in one of Manhattan’s most sought-after neighborhoods. With flexible use potential, strong location fundamentals, and accessible pricing, this space is ideal for creative, retail, or professional tenants.