Commercial Lease – 27 Mercer Street, New York, NY 10013
Asking Rent: $50,000/Month
Size: 2,500 SF
Lease Type: Retail
Property Type: Ground-Floor Retail / Showroom Space
Location: SoHo (10013)
Availability: Immediate
Property Overview
27 Mercer Street offers a 2,500 SF ground-floor retail space in the heart of SoHo, Manhattan’s premier destination for fashion, design, and lifestyle brands. The property sits on one of SoHo’s historic cobblestone streets, surrounded by luxury flagships, boutique retailers, galleries, and hospitality destinations.
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With its open layout, character-rich architecture, and high foot traffic, this space is ideal for fashion, showroom, gallery, experiential retail, or lifestyle concepts seeking presence in one of New York City’s most dynamic shopping districts.
Key Features
- Total Size: ≈2,500 SF
- Asking Rent: $50,000/Month
- Annualized Rent: ≈$600,000
- Effective Rent per SF: ≈$240/SF annually
- Frontage: Boutique Mercer Street exposure with branding and signage potential
- Configuration: Flexible open-plan layout with high ceilings and adaptable for showroom/retail use
- Building: Historic SoHo loft-style property with cast-iron architecture and strong co-tenancy
Lease & Terms
- Base Rent: $50,000/Month (~$240/SF/YR)
- Term: Negotiable (long-term flagship/showroom preferred)
- Availability: Immediate / By agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
- Location Advantage: Prime SoHo corridor with proximity to Broadway, Greene Street, and Spring Street retail clusters.
- Transit Access: Near Canal Street (A/C/E, 1, J/Z, N/Q/R/W, 6) and Prince Street (R/W).
- Neighborhood Demand: Strong demand from luxury fashion, boutique retailers, art galleries, and experiential concepts.
- Competitive Advantage: Rare 2,500 SF SoHo retail/showroom space combining historic architecture with modern retail demand.
Summary
The 2,500 SF retail space at 27 Mercer Street, New York, NY 10013 is offered at $50,000/Month (~$240/SF annually). With its boutique scale, character-rich setting, and prime SoHo location, this property is an outstanding opportunity for fashion, gallery, or lifestyle brands seeking a high-visibility presence in Manhattan’s most iconic retail district.
