Mixed-Use Cast-Iron Loft
For Sale
Contact for pricing
109 Spring Street, New York City, NY 10012
Five-story construction combines commercial space with nine residential units in SoHo.
Property Size30,717 SF
Days on Market118
Property Features for 109 Spring Street
General Information
Standard status
Active
Size
30,717 SF
Class
B
Property subtype
Retail, Mixed Use
Zoning
M1-5 / R7X (MIH)
Investment Type
Value Add
Building Details
Buildings
1
Stories
6
Units
10
Tenancy
Multi
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Michael Tortorici · License #NY 401085153
Source:
Crexi
Added: May 7
Changed: Aug 31
Last Checked: Aug 30 at 8:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors
Investment Insights
Based on property information with market context.
This five-story mixed-use property includes a cellar and an L-shaped cast-iron loft building totaling 30,717 SF. Commercial space occupies the ground floor and cellar, while 9 residential units are arranged across the second through fifth floors. The commercial areas are slated to become vacant in early 2027.
The property has 50 feet of frontage on Spring Street and 25 feet on Mercer Street in SoHo. It is designated M1-5 / R7X (MIH), carries 2B tax-class status, and has signage income. The combination of street-facing commercial space, upper-floor residential units, and dual-street frontage creates a clearly defined mixed-use configuration.
The property has 50 feet of frontage on Spring Street and 25 feet on Mercer Street in SoHo. It is designated M1-5 / R7X (MIH), carries 2B tax-class status, and has signage income. The combination of street-facing commercial space, upper-floor residential units, and dual-street frontage creates a clearly defined mixed-use configuration.
Key Highlights
- 30,717 SF five‑story mixed‑use building with cellar
- 9 residential units on the second through fifth floors
- Ground‑floor and cellar commercial space slated for vacancy in early 2027
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
33,750
Businesses Nearby
Explore this area
Business Placement
Demographics for 10012, NY
23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-story construction combines commercial space with nine residential units in SoHo.
Where is this mixed-use property located?
The property is located at 109 Spring Street New York City, NY.
What are key features of this property?
This property features: 30,717 SF five‑story mixed‑use building with cellar; 9 residential units on the second through fifth floors; Ground‑floor and cellar commercial space slated for vacancy in early 2027
