Property profile

31 Howard St New York, NY 10013

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Marketing & Advertising Advertising Agency
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Hair Salon Nail Salon
  • Media Distribution

Location

31 Howard St New York, NY 10013
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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