Commercial Lease – 253 Church Street, New York, NY 10013

Asking Rent: $15,000 / month
Size: 2,896 SF
Property Type: Commercial / Retail / Creative Office
Location: Tribeca / SoHo Border (10013)

Property Overview

253 Church Street offers 2,896 SF of commercial space in the heart of Tribeca/SoHo, one of Manhattan’s most desirable live-work-play neighborhoods. The space is suitable for retail, gallery, boutique showroom, or creative office use, benefiting from strong foot traffic, affluent residential density, and proximity to SoHo shopping corridors.

Tribeca and SoHo attract a blend of luxury retail, fine dining, boutique fitness, art galleries, and professional firms, making this a versatile leasing opportunity.

Key Features

• Available Space: 2,896 SF
• Asking Rent: $15,000 / month (~$62/SF annually)
• Use Case: Retail, boutique showroom, creative office, art space, or wellness studio
• Building Type: Likely mixed-use loft building typical of Tribeca/SoHo corridor
• Neighborhood: Upscale residential base + tourism + proximity to Canal St.

Market Profile

• Competitive Positioning: At ~$62/SF annually, this property sits below typical SoHo prime retail rents ($100–$150/SF) but aligns with Tribeca boutique/secondary frontage pricing ($60–$80/SF)
• Target Tenants: Luxury lifestyle brands, design showrooms, boutique F&B, wellness/fitness operators, creative agencies
• Demand Drivers: High-end Tribeca residential demand, SoHo shopping corridors, strong tourism

Financial Snapshot

• Annual Rent (Est.): $180,000
• PSF Pricing: ~$62/SF annually
• Lease Structure: To be confirmed (likely modified gross or NNN)

Location Advantages

• Transit: Close to Canal St. (A/C/E, N/Q/R/W, 6 trains) and Franklin St. (1 train)
• Visibility: Church St. connects SoHo and Tribeca, with mixed tourist and local foot traffic
• Anchors Nearby: Tribeca restaurants, SoHo flagship retailers, boutique fitness clubs, and major creative agencies

Summary

253 Church Street delivers 2,896 SF of versatile commercial space for $15K/month, making it a cost-efficient entry point into Tribeca/SoHo. With pricing at ~$62/SF, this property is highly competitive versus SoHo retail, making it a strong candidate for boutique retail, creative offices, or lifestyle-driven tenants seeking a downtown Manhattan presence.