Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 68-74 Thompson Street, two contiguous six-story, mixed-use, elevator buildings combining for 100.16' of frontage located on the east side of Thompson Street between Broome and Spring Streets. The properties were completely renovated in 2015 and located on one of the best tree lined streets in SoHo just north of Sixty SoHo. The buildings combine to consist of 67 residential units and 5 retail units. The retail units feature a brand new glass façade and 10-14’ ceilings. Two spaces are occupied while three others are vacant. One of the vacant spaces includes a magnificent duplex retail/restaurant space with a glass atrium skylight in the courtyard level. Of the 67 residential units, 55 are FM, 7 are RS, 4 are RC, and 1 is under-going renovation. The property includes 2 brand new elevators, 2 fitness rooms, 2 laundry rooms, common rooftop terraces and a video security system. Each apartment has been beautifully designed with new kitchens with stainless appliances, new bathrooms, hardwood floors, exposed brick walls, high ceilings, oversized windows, and central AC. In addition, all 8 penthouses have fabulous private roof terraces and 5 first floor units have private backyards. Not a single newly renovated, elevator multifamily or mixed use rental building has sold in SoHo over the past 20 years. This is an extremely rare opportunity for an investor to purchase a high cash flowing, low maintenance asset with significant upside in the most prestigious neighborhood in Manhattan.
LINK TO PROPERTY WEBSITE WITH VIRTUAL TOUR - www.68-74Thompson.com
