Commercial Lease – 179 Sullivan Street, New York, NY 10012
Asking Rent: $15,000/month
Lease Type: Commercial – Retail / Creative Office / Showroom
Property Type: Boutique Ground-Floor Space
Location: SoHo / Greenwich Village Corridor (10012)
Availability: Immediate
Property Overview
179 Sullivan Street offers a 2,100 SF boutique commercial space in one of Manhattan’s most dynamic cultural corridors, bridging SoHo and Greenwich Village. With excellent walkability, strong neighborhood identity, and steady foot traffic from students, professionals, and tourists, this property is ideal for boutique retail, gallery, design studio, wellness/fitness, or creative office use.
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The space benefits from its central Village location and proximity to NYU, Washington Square Park, and the broader SoHo/NoHo retail districts.
Key Features
- Total Size: ≈ 2,100 SF
- Asking Rent: $15,000/month
- Annualized Rent: ≈ $180,000
- Effective Rent per SF: ≈ $86/SF annually
- Configuration: Boutique open-plan layout adaptable for creative build-outs
- Frontage: Sullivan Street exposure with steady neighborhood traffic
- Potential Uses: Boutique retail, gallery, showroom, creative office, fitness/wellness
Lease & Terms
- Base Rent: $15,000/month (~$86/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; standard financials required (ID, company info, proof of funds)
- Tenant Responsibilities: Utilities, RE tax, and NNN typical for retail leases
Market Profile
- Location Advantage: Sullivan Street corridor, between SoHo luxury retail and Greenwich Village cultural anchors.
- Transit Access: Close to West 4th Street (A/C/E, B/D/F/M), Houston Street (1), and Prince Street (R/W).
- Neighborhood Demand: Strong from boutique fashion, galleries, wellness operators, and creative firms.
- Competitive Advantage: Affordable rent relative to larger SoHo corridors, with strong branding potential in a trend-driven submarket.
Summary
The 2,100 SF boutique commercial space at 179 Sullivan Street, New York, NY 10012 is offered at $15,000/month (~$86/SF annually). With its central Village location, adaptable layout, and exposure to a steady mix of student, residential, and tourist traffic, this space is a strong opportunity for creative retailers, showrooms, and cultural operators seeking presence in Lower Manhattan.
