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    31 Howard St New York, NY 10013

    Sponsored
    For Lease
    $72 SF/Yr

    Prime Soho location, flexible spaces available.

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional property at 31 Howard Street in New York City's vibrant Soho neighborhood offers a unique blend of retail and office space. The ground floor retail space, totaling 2,500 to 5,000 square feet, boasts impressive 12-foot high ceilings and a large glass storefront, maximizing natural light and creating a welcoming atmosphere. The column-free layout offers unparalleled flexibility for various retail concepts, complemented by pre-built closet space and an ADA-compliant bathroom. Upstairs, the second-floor office/loft space provides 5,000 square feet of adaptable workspace. Features include hardwood floors, exposed brick walls, high ceilings, and abundant natural light from window exposure on both Howard and Canal Streets. The current layout includes a kitchenette, three offices/breakout rooms, a conference room, two phone booths, and an open area with capacity for sixty workstations. This property presents a rare opportunity to secure a prominent location in one of Manhattan's most desirable areas, ideal for businesses seeking a combination of retail presence and sophisticated office space. The multiple tenancy allows for diverse business configurations. Located in New York County, NY, 10013.

    Property Features for 31 Howard St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF

    Unit(s) available at that property

    Space
    1st Floor
    Size
    2,500 SF
    Rate per SF
    $125
    Space
    2nd Floor
    Size
    5,000 SF
    Rate per SF
    $72

    HighLights

    • Prime Soho location, surrounded by luxury retail and dining.
    • Move‑in ready, fully built‑out suites.
    • 15' storefront with double‑height glass façade, maximizing visibility and natural light.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pearl Concepts Wholesaler SPORK Advertising Agency Hieronymus Design Agency L'AGENT NOIR Beauty Salon WEIV Media Corp. Media Company

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -74.0008421
    Latitude
    40.7194481

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Soho location, flexible spaces available.
    Where is this office property / space located?
    The property is located at 31 Howard St New York, NY.
    What is the lease rate?
    The lease rate is $72-$125 SF/Yr.
    What are key features of this property?
    This property features: Prime Soho location, surrounded by luxury retail and dining.; Move-in ready, fully built-out suites.; 15' storefront with double-height glass façade, maximizing visibility and natural light.
    Request Owner's contact information
    31 Howard St New York, NY 10013
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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
    31 Howard St New York, NY 10013
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