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Mixed-Use Property with Retail Space
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148 Spring Street, New York, NY 10012

Two adjacent buildings combine retail, showroom, office, and residential components.

Property Size14,507 SF
Days on Market125

Property Features for 148 Spring Street

General Information

Standard status Active
Size 14,507 SF
Property subtype Retail, Office
Occupancy 77%

Site & Location

Frontage 40 ft
Anchor Co-Tenants Dr. Martens

Building Details

Buildings 2
Units 8
Tenancy Multi
Listing Agency: JLL - New York City, New York
Listed By: Ethan Stanton · License #NY 10401252342
Source: Crexi
Added: Apr 30 Changed: Aug 30 Last Checked: Aug 31 at 5:53PM

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 JLL - New York City, New York

Investment Insights

Based on property information with market context.

This mixed-use offering includes two adjoining buildings totaling approximately 14,507 square feet. The improvements provide ground-floor retail in both buildings, along with upper-level commercial space configured for showroom and office uses. The 150 Spring Street building also includes one apartment, while the commercial suites offer potential for conversion to residential apartments.

Together, the properties present 40 feet of Spring Street frontage between Wooster Street and West Broadway in SoHo. The assets are 77% leased with 7.6 years of WALT. Dr. Martens occupies an anchor retail position under lease through October 2037, and adjacent retailer Amouage is leased through December 2032. Net lease structures include tenant reimbursements for taxes, CAM, and insurance.

Key Highlights

  • Approximately 14,507 square feet across two adjacent mixed‑use buildings
  • 40 feet of combined Spring Street frontage between Wooster Street and West Broadway
  • Ground‑floor retail in both buildings with upper‑level showroom and office space

Property Analytics

Current Use

148 SPRING STREET Business Service Center Dr. Martens SOHO Clothing & Fashion Store The Drawing Room New ... Hair Salon Maven Pictures Film Production

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

30,268
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjacent buildings combine retail, showroom, office, and residential components.
Where is this mixed-use property located?
The property is located at 148 Spring Street New York, NY.
What are key features of this property?
This property features: Approximately 14,507 square feet across two adjacent mixed‑use buildings; 40 feet of combined Spring Street frontage between Wooster Street and West Broadway; Ground‑floor retail in both buildings with upper‑level showroom and office space
(212) 812-5700 Call to check price and availability
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