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26 Mercer St

449 Broadway, New York, NY, US
Floors
5
Total Size
25,000 sqft
Zoning
Year Constructed
1920

About 26 Mercer St

This commercial property is located at 26 Mercer Street in the Lower Manhattan neighborhood of New York. With 5 stories above the street line, this building includes approximately 25,000 square feet of rentable office space and flexible-use space. Construction was completed in 1920.

With dual street frontage, this commercial building has an alternate address of 449 Broadway. There are two main entrances to the units within the structure, with one on each side of the building. Each street-facing side measures approximately 25 feet in width.

Throughout the office and retail spaces of 26 Mercer Street, ceiling heights soar to just over 13 feet. All of the units are turn key and feature lots of incoming light from the large windows on either side of the building.

There is a new HVAC system in the structure, as well as new windows, new bathrooms and new lighting. Exposed brick in the units adds an old-world feel, while the exposed duct work makes the environment ideal for creative uses.

The facade of 26 Mercer Street is clad in red brick and features stone trim around the black-framed windows. Black panels surround the ground floor storefronts, which further darkens the appearance of the traditional office building.

Internet Providers for 26 Mercer St

Provider Technology Max Download Speed Max Upload Speed
Pilot Fiber Fiber
10 Gb/s
10 Gb/s
Lightower Fiber
10 Gb/s
10 Gb/s
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Stealth Communications Fiber
10 Gb/s
10 Gb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: SoHo

The typical asking rate per listing is in the $80's per square foot per year. The SoHo submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the New York City market, the SoHo region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Median Rate Median Size
SoHo $86
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in SoHo