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79 Mercer St

SoHo, New York, NY
Floors
6
Total Size
13,475 sqft
Lot Size
0 acres
Year Constructed
1920
Year Renovated
2008
Number of Buildings
1

About 79 Mercer St

Situated in the heart of Soho, New York, 79 Mercer Street was built in 1920. This 6-story building is a great opportunity for those looking to rent office space in Lower Manhattan.

The building has 5 units. Some are newly renovated, and the elevator leads right into the rental spaces. All the buildings in this area have a lot of character, and the streets are quiet and safe, with mostly residential rentals.

Soho is known for its artistic influences. Many famous artists reside and work in this neighborhood, so the tenants at 79 Mercer Street can enjoy the unique privilege of visiting the art galleries in the area.

Numerous coffee shops, restaurants, and retail stores fill the streets around this building. Metro stations are only a few blocks away, and bus stops just around the corner. The building is close to several parks, notably the Sara D. Roosevelt Park.

79 Mercer Street’s charming brick and stone exterior combined with the artistic vibe of the neighborhood make it an attractive office rental.

Companies at 79 Mercer St

UGG Australia Shoe Store Store
Kiki De Montparnasse Clothing Store Store

Internet Providers for 79 Mercer 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 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