Commercial Retail / Showroom Lease – 372 Lafayette Street, New York, NY 10012
Asking Rent: $40,000/month
Lease Type: Commercial – Retail / Showroom / Creative Office
Property Type: Ground-Floor Boutique Retail / Creative Studio
Location: SoHo / NoHo Corridor (10012)
Availability: Immediate
Property Overview
372 Lafayette Street offers a 1,400 SF boutique commercial space along one of the most sought-after corridors in SoHo/NoHo. With direct Lafayette frontage, high ceilings, and strong neighborhood foot traffic, this space is ideal for luxury retail, fashion showrooms, design studios, creative offices, or wellness concepts seeking to establish presence in a trend-driven submarket.
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The property benefits from prime visibility at the crossroads of SoHo, NoHo, and Greenwich Village, ensuring consistent demand from both local and destination tenants.
Key Features
- Total Size: ≈ 1,400 SF
- Asking Rent: $40,000/month
- Annualized Rent: ≈ $480,000
- Effective Rent per SF: ≈ $343/SF annually
- Configuration: Boutique open-plan space with adaptable build-out potential
- Frontage: Prominent Lafayette Street exposure with steady daily foot and vehicle traffic
- Potential Uses: Luxury retail, showroom, gallery, creative office, wellness/fitness
Lease & Terms
- Base Rent: $40,000/month (~$343/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: Lafayette Street corridor, bridging SoHo and NoHo, surrounded by luxury retail, boutique fashion houses, galleries, and creative firms.
- Transit Access: Close to Bleecker Street (6), Broadway–Lafayette (B/D/F/M), Prince Street (R/W), and multiple bus lines.
- Neighborhood Demand: Strong from luxury retail, design showrooms, tech/creative startups, and wellness operators.
- Competitive Advantage: Rare small-format SoHo/NoHo space with high branding visibility and premium rent positioning.
Summary
The 1,400 SF commercial space at 372 Lafayette Street is offered at $40,000/month (~$343/SF annually). With its prime Lafayette Street location, boutique size, and adaptable layout, the property is a compelling opportunity for showrooms, high-end retail, galleries, or creative offices seeking presence in one of Manhattan’s most dynamic cultural and commercial corridors.
