This opportunity is ideal for creative agencies, fashion brands, production studios, wellness concepts, galleries, or high-end retailers looking for a full-floor presence on a prominent SoHo corridor with excellent foot and vehicle traffic.
Key Features
- Total Size: 4,354 SF
- Asking Rent: $17,000/month ($204,000 annually)
- Price per SF: ~ $47 annually (exceptionally competitive for SoHo)
- Use Flexibility: Creative office, fashion showroom, art gallery, wellness, boutique retail, production space
- Layout: Large open loft floor plate
- Ceilings: High ceilings (typical for loft buildings; confirm actual height)
- Windows: Multiple oversized windows providing strong natural light
- Condition: Adaptable “blank canvas” suitable for custom buildout
- Access: Elevator building; stable ownership
Market Profile
Target Tenants:
- Fashion houses & designer showrooms
- Creative & media agencies
- Photo/film production studios
- Art galleries
- Retail brand activations
- Wellness/fitness concepts with upscale clientele
- Tech or startup offices seeking creative space
Neighborhood Demand:
SoHo remains Manhattan’s premier destination for luxury retail, creative industries, and experiential brand spaces. Lafayette Street is a high-visibility corridor connecting SoHo, Chinatown, Tribeca, and NoHo, driving consistent tenant demand.
Competitive Advantage:
At ~$47/SF annually, this space is significantly more affordable than typical SoHo retail/loft rents, making it one of the best values in the submarket for larger-format creative or commercial users.
Financial Highlights
- Monthly Rent: $17,000
- Annual Rent: $204,000
- Price per SF: ~$47 / SF annually
- Lease Terms: Direct lease; flexible terms available
- Utilities / Additional Costs: To be determined per landlord (e.g., electric, HVAC)
Location Advantages
Neighborhood: SoHo – Lafayette Street Corridor
Proximity:
- Steps to Canal Street, SoHo retail district, and Broadway
- Near Tribeca, Chinatown, Nolita, and Civic Center
- Surrounded by top fashion brands, galleries, cafés, and boutique shops
- Excellent visibility to daily pedestrian and vehicle traffic
Transit:
- 6, N, Q, R, W, J, Z, A, C, E trains all nearby
- Immediate access to Canal Street hubs
- Lafayette Street serves as a major north–south axis
Foot Traffic:
- Strong daytime + weekend traffic
- Mix of tourists, shoppers, creative professionals, and residents
Summary
The 4,354 SF commercial loft at 123–127 Lafayette Street is a rare SoHo opportunity priced at $17,000/month (~$47/SF annually). With a large open floor plate, high ceilings, and exceptional location, this space is perfect for creative offices, showrooms, galleries, production studios, or boutique retailers seeking a spacious, flexible environment in one of Manhattan’s most dynamic neighborhoods.
