This exceptional three-story building, constructed in 1915, offers a unique blend of retail and office space in the heart of SoHo, at the intersection of Howard and Crosby Streets, between Broadway and Lafayette. The retail space, totaling 2,250 gross square feet (including basement), boasts an impressive 20-foot frontage on Howard Street, providing unparalleled visibility and high foot traffic. Floor-to-ceiling storefront windows and custom LED track lighting illuminate the 11-foot ceilings, creating a spacious and inviting atmosphere. Central HVAC and basement storage are included. The space is ideal for various uses, including short-term rentals and pop-up shops. The accompanying office space, also available for lease or pop-up use, is located within the same building and features 11-foot ceilings, exposed brick, and abundant natural light from a northern exposure overlooking Crosby Street. The building's total square footage is 4,650, with a minimum divisible space of 2,200 square feet and a maximum contiguous space of 4,650 square feet. This prime location offers easy access to subway lines 4, 6, N, Q, R, and W, and is surrounded by numerous restaurants, bars, and hotels, including the Nomo SoHo and Best Western Bowery. The property is perfect for businesses seeking a vibrant and convenient location in one of New York City's most desirable neighborhoods.
Office space - Prime SoHo location, retail & office.
Where is this office space located?
The property is located at 25 Howard St New York, NY.
What is the lease rate?
The lease rate is $48-$128 SF/Yr.
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25 Howard St New York, NY 10013
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25 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.
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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.
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25 Howard St New York, NY 10013
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25 Howard St, New York, NY
John Pasquale
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25 Howard St, New York, NY
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