Retail

24 Thompson Street — SoHo, New York, NY 10012

Rent: $20,000/month
Type: Retail
Size: 1,000 ft²
Location: Thompson Street (10012) — prime SoHo side street between Spring & Broome Streets, steps from Broadway’s luxury retail corridor

Location Description

24 Thompson Street is situated in the heart of SoHo, one of Manhattan’s most established and internationally recognized retail destinations. Thompson Street runs parallel to Broadway and West Broadway, placing this location within immediate reach of flagship luxury brands, cast-iron architecture blocks, and some of the highest pedestrian counts in Downtown Manhattan.

Unlike Broadway’s ultra-premium frontage, Thompson Street offers a slightly more curated, boutique-oriented retail environment—attracting fashion-forward shoppers, tourists, creative professionals, and high-income local residents. The area maintains steady weekday foot traffic and exceptionally strong weekend volume driven by destination shopping and dining.

This corridor benefits from consistent daytime retail flow, supported by SoHo’s dense residential population and strong visitor presence year-round.

Space & Business Potential

At approximately 1,000 square feet, the space provides a highly efficient boutique footprint—ideal for brands seeking a focused, design-driven retail experience without the overhead of a large flagship.

Financial Overview

Asking rent: $20,000/month
Approximate size: 1,000 ft²
Estimated rent per square foot: ~$240/ft² annually

This pricing places the space below prime Broadway frontage while maintaining SoHo prestige positioning—often considered a strategic value entry point into the neighborhood.

Summary

24 Thompson Street offers a 1,000 ft² retail opportunity at $20,000/month in SoHo (10012)—one of Manhattan’s most prestigious and high-traffic shopping districts. The location is ideal for boutique retail, beauty, lifestyle brands, or experiential concepts seeking a curated SoHo presence with strong pedestrian exposure and global brand alignment.