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63 Spring St

SoHo, New York, NY
Floors
5
Total Size
5,140 sqft
Lot Size
0 acres
Year Constructed
1910
Year Renovated
0
Number of Buildings
1

About 63 Spring St

Built in 1910, the 5-story building at 63 Spring Street in New York is perfect for retail and mixed use. Companies looking to rent office space with a store in the retail corridor between Lafayette and Crosby Streets in SoHo will be keen to view this property.

Located in a desirable Lower Manhattan neighborhood with incredibly high foot traffic, 63 Spring Street's corner store boasts 100' of wrap-around frontage. The landlord will consider all uses for the former smoke shop. Commuters have access to New York's public transportation just steps away.

Subway lines 4, 6, 6X can be accessed at Spring Street's station, a minute's walk away. Trains N and R can be accessed at Prince Street, a 13-minute walk away. At nearby Broadway-Lafayette Street commuters working at 63 Spring Street have access to New York's B, D, F and M trains.

Enjoying heavy pedestrian and vehicular traffic, the immediate neighborhood of this prime retail corner is brimming with high-end shops, coffee shops, restaurants and bars. The property comprises of 4 units.

A typical Art Nouveau commercial building, the facade of 63 Spring Street in New York has seen considerable transformation over the years but remains an attractive property.

Internet Providers for 63 Spring St

Provider Technology Max Download Speed Max Upload Speed
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 region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the New York City market, the SoHo region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
SoHo $86
/sqft/yr
4,700
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in SoHo