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29949993
29949994

141 Grand Street, New York, NY 10013

ZH
NY 10311210044
Key Impact Realty Group
Key Impact Realty Group
Listed by Key Impact Realty Group
$6,180,000
103 days on market
Updated 9 days ago

141 Grand Street

Details
APN 00233-0012
Property Type Retail, Mixed Use (+1)
Sub Type Residential, Restaurant (+1)
Square Footage 4,000
Cap Rate 3.46%
NOI $213,949
Occupancy 100%
Tenancy Multi
Stories 4
Zoning M1-5R7X
Ground Lease No

Retail | 3.46% CAP | 4,000 SqFt

Marketing description

A truly rare offering in the heart of SoHo, this exceptional mixed-use building presents a prime opportunity to own a versatile asset in one of Manhattan's most iconic and high-demand neighborhoods. The property features a highly visible ground-floor retail space, complemented by four income-producing residential units above—creating an ideal blend of steady cash flow and long-term appreciation potential.

Surrounded by world-class shopping, renowned dining, and vibrant cultural destinations, this location benefits from nonstop pedestrian traffic and consistently strong tenant demand.

Conveniently positioned near multiple major subway lines, this is a standout investment for those seeking stability, flexibility, and enduring value in a premier NYC corridor.

Investment highlights

141 Grand Street represents a rare opportunity to acquire a trophy mixed-use asset in the heart of SoHo, one of Manhattan's most established and supply-constrained investment markets. Combining a highly visible ground-floor retail space with four residential apartments above, the property offers investors the benefit of diversified income streams, reducing risk while providing strong long-term appreciation potential.

The retail component is positioned along one of SoHo's most recognized commercial corridors, benefiting from exceptional pedestrian traffic, international tourism, luxury retail presence, and strong consumer demand. Retail spaces in this location have historically commanded premium rents due to the neighborhood's global appeal and limited availability.

Above the retail space, four residential units provide stable rental income and additional upside through future rent growth, repositioning opportunities, or long-term hold strategies. This blend of commercial and residential income creates a balanced asset that can perform across multiple market cycles.

Beyond the property's current income potential, investors are acquiring a piece of irreplaceable Manhattan real estate in a neighborhood where new development opportunities are extremely limited. Surrounded by luxury retailers, acclaimed restaurants, art galleries, and major transportation options, 141 Grand Street benefits from enduring tenant demand and one of the strongest location profiles in New York City.

Whether for income generation, wealth preservation, portfolio diversification, or long-term appreciation, 141 Grand Street offers the rare combination of location, stability, and upside that sophisticated investors seek in a premier Manhattan asset.

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Listing Contacts

ZH
NY 10311210044
Key Impact Realty Group
Key Impact Realty Group
Listed by Key Impact Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$213,949.00
$17,829.08/mo

Valuation Metrics

0
DSCR
3.46%
Cap Rate
3.46%
ROI

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Additional Information

Name
Zhen Hu
License
10311210044
Brokerage
Key Impact Realty Group Inc.
Brokerage Phone
7187990053
Title
Lic. Real Estate Broker
Brokerage Address
131-06 40th Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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