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    177 Spring St New York, NY 10012

    For Lease
    $11,000 /Mo ($293 SF/Yr)

    Newly renovated retail space in SoHo, steps from Spring St.

    Property size:
    450 SF
    Lot size:
    0.04 Acres

    Property Features for 177 Spring St

    General Information

    Size
    450 SF
    Lot size
    0.04 Acres

    Source: PEP Real Estate Agent John Pasquale

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space Near Spring

    This newly renovated storefront retail space is located on a high-traffic block, steps away from Spring Street. The space features a sun-drenched area and includes a private bathroom on the lower level. It is suitable for various retail uses, providing a spot to showcase products to the community of SoHo. The space is ideal for companies seeking short-term commitments or downsizing, and is also suitable for popups and social distancing. The landlord retains the right to cancel buyback with a 3-month notice. A discount is available for a 1-year prepaid lease with copublicity. Located across from the Vesuvio playground, the boutique benefits from sunlight throughout the day and is near businesses such as Ben’s Pizza, San Carlo Osteria Piemonte, Stussy, and Karl Lagerfield. The space includes basement dry storage. Food usage is not allowed.
    Insight Report Location Intelligence

    Current Use by Public Records

    Famous Ben's Pizza Pizza Restaurant Mochi Ice Cream Ice Cream Shop Isabella Holding Corporation Holding Company

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.002909
    Latitude
    40.725296

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    FAQs

    What type of property is this?
    Retail space - Newly renovated retail space in SoHo, steps from Spring St.
    Where is this retail space located?
    The property is located at 177 Spring St New York, NY.
    What is the lease rate?
    The lease rate is $293 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated storefront retail space.; - High-traffic location near Spring St. in SoHo.; - Sun-drenched space with BSMT dry storage.
    (646) 307-6418
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    177 Spring St New York, NY 10012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    177 Spring St New York, NY 10012
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