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125 Prince St 6 Unit Apartment Building $55,000,000 ($9,166,667/Unit) New York, NY 10012
INVESTMENT HIGHLIGHTS
- Trophy Asset
- Flagship Potential
- A Generational Investment
- Tax Class 2A
- Permanence & Prestige
- Market Value & Growth
EXECUTIVE SUMMARY
Purchased by the same current family ownership 86 years ago, Cushman & Wakefield is pleased to offer for sale 125 Prince Street (132 Wooster Street), a freestanding, corner, elevator building located at one of the most premier retail corners in all of Manhattan. This exceptional property, located in the heart of SoHo, presents an unparalleled opportunity for investors and retailers seeking an iconic flagship location.
With over 120’ of wraparound frontage at the northeast corner of Prince and Wooster Streets, 125 Prince Street offers a unique blend of prestige, visibility, and premier co-tenancy – qualities that distinguish it as a trophy asset in one of the world’s most coveted retail submarkets.
Built in 1893 and designed by architect Buchman & Desler, 125 Prince Street’s brick, stone and iron façade offers a striking street presence with southwestern light, thereby creating ample branding opportunities. The property features direct residential elevator access from Wooster Street to the apartments above, as well as an extensive sidewalk vault area in the basement which can be used for storage and mechanicals.
Being a standalone property without a condominium or cooperative structure in-place, the building can be completely redesigned for a range of uses including luxury retail, experiential showrooms, creative offices, private galleries or high-end condominiums.
With over 120’ of wraparound frontage at the northeast corner of Prince and Wooster Streets, 125 Prince Street offers a unique blend of prestige, visibility, and premier co-tenancy – qualities that distinguish it as a trophy asset in one of the world’s most coveted retail submarkets.
Built in 1893 and designed by architect Buchman & Desler, 125 Prince Street’s brick, stone and iron façade offers a striking street presence with southwestern light, thereby creating ample branding opportunities. The property features direct residential elevator access from Wooster Street to the apartments above, as well as an extensive sidewalk vault area in the basement which can be used for storage and mechanicals.
Being a standalone property without a condominium or cooperative structure in-place, the building can be completely redesigned for a range of uses including luxury retail, experiential showrooms, creative offices, private galleries or high-end condominiums.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
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Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 0514-0042 | Improvements Assessment | $1,292,647 |
| Land Assessment | $371,941 | Total Assessment | $1,664,588 |
PROPERTY TAXES
Parcel Number
0514-0042
Land Assessment
$371,941
Improvements Assessment
$1,292,647
Total Assessment
$1,664,588
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125 Prince St
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