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For sale
Showrooms
NY
Manhattan
10012
138 Greene Street

SoHo Retail Coop Opportunity

138 Greene Street, Manhattan, NY 10012

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For Sale

$10,500,000

Multi-Unit (2-4) - Manhattan, NY

Property size:

6,050 SF

Price / SF:

$1,735/SF

HighLights

Prime SoHo location between W. Houston St. and Prince St.
6,050 SF retail coop space (ground floor and lower level)
High 15'+ ceiling height on the ground floor
25' of frontage in the Cast Iron Historic District
Neighboring tenants include Apple, Louis Vuitton, Dior, and other luxury brands
Easy access to multiple subway lines (N/R/W, B/D/F/M, 6, C/E)

We can help!

Contact an agent

Greg Corbin

For Sale

$10,500,000

Multi-Unit (2-4) - Manhattan, NY

Property size:

6,050 SF

Price / SF:

$1,735/SF

Added:: Mar 13, 2026
Days on Market:: 106
Last Refresh:: Jun 26 at 1:06 pm

Property Features for 138 Greene Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Garage
Standard status: Active
Size: 6,050 SF

Taxes and HOA fees

Tax Annual Amount: 0

Building Details

Architectural style: Other

We can help!

Contact an agent

Greg Corbin

Listing agent Greg Corbin

Listing office Northgate Real Estate Group 1633 Broadway, New York, NY

Listing date Mar 13, 2026

MLS# 11742000 Listing URL

HighLights

Prime SoHo location between W. Houston St. and Prince St.
6,050 SF retail coop space (ground floor and lower level)
High 15'+ ceiling height on the ground floor
25' of frontage in the Cast Iron Historic District
Neighboring tenants include Apple, Louis Vuitton, Dior, and other luxury brands
Easy access to multiple subway lines (N/R/W, B/D/F/M, 6, C/E)

Overview

This ground floor retail coop with a lower level offers a total of 6,050 square feet. It is situated in a prime SoHo location, between W. Houston Street and Prince Street, within the Cast Iron Historic District. The space features a ceiling height of over 15 feet on the ground floor and 25 feet of frontage. Previously, the property served as the flagship showroom for Poggenpohl, which vacated in April 2026. The location provides convenient access to multiple subway lines, including the N/R/W, B/D/F/M, 6, and C/E trains. Neighboring tenants include the Apple Store, Brunello Cucinelli, Polo Ralph Lauren, Design Within Reach, Warby Parker, Louis Vuitton, AG Jeans, Stella McCartney, Dior, Bottega Veneta, Balenciaga, Cartier, and Tiffany & Co.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.43M	$235.68
− Vacancy	−$209.6k	−$34.64
EGI	$1.22M	$201.04
− OpEx	−$364.9k	−$60.31
NOI	$851.4k	$140.72

6,050 SF · lease $235.68/SF/yr · vacancy 14.70% · expense 30.00%

Alternative Uses

Best Use

Retail

$12.16M

$10.64M – $14.19M (±1% cap)

NOI $851,383 @ 7.0% cap · market cap 8.11%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$15.06M

$13.18M – $17.57M (±1% cap)

NOI $1,054,152 @ 7.0% cap · market cap 10.04%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Poggenpohl New York ... Kitchen & Bath Showroom

Suggested Use

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Location Insight

Map
Local Demand

City: Manhattan
County: New York
State: New York
Longitude: -73.998618
Latitude: 40.725547

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For sale
Showrooms
NY
Manhattan
10012
138 Greene Street

What type of property is this?

Showroom - 6,050 SF retail coop in prime SoHo location.

Where is this showroom located?

The property is located at 138 Greene Street Manhattan, NY.

What is the asking price?

The asking price for this property is $10,500,000.

What are key features of this property?

This property features: Prime SoHo location between W. Houston St. and Prince St.; **6,050 SF retail coop space** (ground floor and lower level); **High 15'+ ceiling height on the ground floor**

138 Greene Street, Manhattan, NY 10012

Multi-Unit (2-4) - Manhattan, NY

Property Features for 138 Greene Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Commercial Condo in Chinatown/Little Italy

Midtown East Office Condominium

Two-Bedroom Garden Residence

Established Shanghai Restaurant, Manhattan

Fast-Casual Burger Restaurant Franchise

Small Multi-Unit Residential Property

Two-Family Home with Two Parking

Versatile Multifamily Property in Manhattan

Legal 3-Family Brownstone

Bespoke Residences in Landmark District

Manhattan Multifamily Building with Units

Chinatown Mixed-Use Building with Rooftop

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