Property summary
This exceptional 4,000-square-foot single-tenant space at 127 Elizabeth Street, located in the vibrant Nolita submarket of Soho, presents a unique opportunity for discerning businesses. The property boasts a flexible layout perfectly suited for a variety of creative professional uses, including fashion, media, finance, technology, or art studios. The space is comprised of 2,700 square feet on two levels, with a spacious 1,000-square-foot ground floor featuring 14-foot high ceilings and a stunning 1,300-square-foot second floor with a dramatic 21-foot cathedral ceiling. A 1,000-square-foot basement adds further versatility. The property's previous use as a media company speaks to its suitability for businesses requiring high-quality space and infrastructure. Three bathrooms and a fully functional HVAC system ensure comfort and convenience. The property is available for a 5 to 10-year lease at a monthly rent of $36,000. This is a rare opportunity to secure a prominent location in one of Manhattan's most sought-after neighborhoods. The property is categorized as Retail, Office, and Special Purpose, and is specifically suited for executive office use, galleries, and showrooms. Live/work arrangements and short-term leases are not permitted.
Property profile
VerifiedCap rate & NOI
Current use
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Advertising Agency Marketing & Advertising
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Art Gallery
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Consultant
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Art Gallery
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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