For Lease – 187–189 Lafayette Street, New York, NY 10013
Asking Rent: $8,500 / Month
Size: 450 SF
Property Type: Retail
Location: SoHo / Nolita Border (10013)
Property Overview
187–189 Lafayette Street offers a 450 SF boutique retail storefront at the crossroads of SoHo and Nolita, two of Manhattan’s most vibrant shopping and lifestyle districts. With strong daily pedestrian activity and excellent visibility, this compact space is ideally suited for coffee, grab-and-go food, boutique retail, gallery, or specialty service operators seeking a downtown presence.
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Key Features
- Total Size: ≈450 SF
- Asking Rent: $8,500 / month
- Annualized Rent: ≈$102,000
- Effective Rent per SF: ≈$227/SF annually
- Frontage: Prime Lafayette Street exposure with strong signage opportunities
- Configuration: Efficient rectangular layout adaptable for boutique or quick-service retail use
- Building: Mixed-use SoHo/Nolita property surrounded by luxury retail, cafés, and cultural anchors
Lease & Terms
- Base Rent: $8,500 / month (~$227/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE taxes, and standard retail lease obligations
Market Profile
- Location Advantage: Located on Lafayette Street near Spring Street and Broome Street, benefiting from heavy SoHo/Nolita foot traffic.
- Transit Access: Convenient to Canal Street (N/Q/R/W, 6, J/Z), Spring Street (C/E, 6), and multiple bus routes.
- Neighborhood Demand: High demand from fashion, wellness, lifestyle, and food concepts seeking exposure in downtown Manhattan.
- Competitive Advantage: Rare sub-500 SF boutique storefront in SoHo/Nolita with competitive rent and strong visibility.
Summary
The 450 SF retail space at 187–189 Lafayette Street, New York, NY 10013 is offered at $8,500/month (~$227/SF annually). With its prime SoHo/Nolita location, strong pedestrian flow, and efficient boutique size, this property represents a unique opportunity for small-format retailers or food operators seeking a foothold in a premier downtown market.
