
32 Spring Street
Mixed Use | 8,312 SqFt
Marketing description
32 Spring Street, NoLita presents a rare opportunity to acquire a high-performing mixed-use asset in one of downtown Manhattan’s most coveted retail and residential corridors. Located at 32 Spring Street, New York, NY, this five-story, 7,579 SF building sits on a 25.25' x 100.83' lot within a C6-2/LI zoning district and features 8 total units, including 6 free-market residential apartments and 1 ground-floor commercial space. The retail component is anchored by Cholapink Corp in 2,050 SF of commercial space, secured by a long-term lease through January 2041. Residential income is generated by a collection of desirable free-market units, including multiple flex layouts and penthouse space. With 86% free-market tenancy, stable mixed-use income, and an exceptional NoLita location surrounded by luxury retail, dining, and transit, 32 Spring Street, NoLita offers investors a compelling blend of immediate yield, long-term security, and future upside.
Investment highlights
Tax Class 2B, 6FM/1RS
Building was recently gut renovated
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