SUSAN PENZNER Real Estate


Exclusive Commercial & Retail Leasing
212.343.1909 x13


Retail

Exceptional Cobble Hill Boutique at Corner of Smith Street!

354 Degraw Street

Size:              Approx. 550 sq. ft. on ground plus full bsmnt
Rent:             $3,500/mo   $42,000/annum
Description:  Charming Cobble Hill store available for long-term lease.

Great visibility from Smith Street (one store from corner).  Approx. 10 ft. of frontage.  No food.



 


158 Wooster Street

Soho Investment/User Retail Condominium Unit for Sale

Address:         158 Wooster Street
Location:        SE corner of Wooster &  Houston Streets
Block/Lot:     514/1401
Ground Floor: Approx. 2932 sq. ft.
Lower Level:  Approx. 1000 sq. ft.
Tenant:          High-end German kitchen manufacturer recently leased for 10-year term.
Price:             $6,400,000
Income:         $425,000 (10/09-9/10) Fixed 3% escalations thereafter
Expenses:      RET: $14,733 (2009/2010) 421-a tax exemption in place
                      CCs: $30,480/annum (2009)
                      Insurance: $2,000 estimated

Tenant is responsible for all RET increases above base year 2009/2010
and all Condominium Charge increases above calendar year 2010.

Estimated NOI: $377,787 (5.91% CAP)

Contact: Susan Penzner x11 susan@susanpenzner.com
               Nathan Stange x13 nathan@susan


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117 Mercer Street Between Prince & Spring Streets

LEASED

Ground:            Approx. 2,400 sq. ft.

Lower Level:    Approx. 1,500 sq. ft.

Rent:                Available upon request.

Prime Mercer Street storefront available for lease. Ground floor features high ceilings, skylight, and hardwood floors.  Office and storage on lower level. Certificate of Occupancy reads Use Group 7 for entire premises.

Neighbors include Philip Lim, A.P.C., Cyrus and Company, Agent Provocateur,  Farrow and Ball, Seven New York, and Scholastic.

 



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119 Mercer Street Between Prince & Spring Streets

LEASED

Prime Mercer Street storefront available for lease. Approx. 2,100 sf ground floor.  Approx. 1200 sf storage bsmnt. Features high ceilings, skylight, and hardwood floors.  Certificate of Occupancy reads Use Group 7 for entire premises.

Neighbors include Philip Lim, A.P.C., Cyrus and Company, Agent Provocateur,  Farrow and Ball, Seven New York, and Scholastic.

 



 




Office/Showroom

236 W 26th Street

Prime Chelsea Office/Showroom/Gallery

Partial 5th fl:  Approx. 2430 sq. ft.
Rent:               $7,100/mo  $35/sq. ft.
Available:       Immediately
Description:   Currently used as gallery .  Features C/A/C, concrete floors, high ceilings.  Built with office/conference, storage, pantry, private restroom with shower.  Building features new elevator and lobby. 




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107 Grand Street

Furnished Office Sublease Available Immediately

Partial 6th floor: Space A:           Approx. 2800sf
                             Space B:           Approx. 4300sf 
                             Shared Area:    Approx. 1,500sf

 Please note that the two options featured are only proposed divisions. Sublessor is flexible on the layout. 

Rent:                    Upon Request. 

Description:        Approx. 2-year sublease from noted strategic branding company. Gwathmey-Siegel designed office with custom-designed furniture and finishes.  High ceilings.  Great light and views.  Rent inclusive of electric, HVAC, daily cleaning service, and pantry basics.

Space A features 5 furnished private offices and 6 built workstations.

Space B features 5 furnished private offices and 14 built workstations. 

The shared area features 2 conference rooms including large flat-screen TV w/computer for presentations, speaker phone, marble conference tables, copy/fax machine, pantry with large table and all appliances.



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195 Bowery at Spring Street, 2nd floor

LEASED

2nd floor:      Approx. 2,665 rentable sq. ft.
Rent:            $40/sq. ft.
Description:  Built office space. Features glass conference room, 5 work areas, one private office, pantry, open space, and rear private studio/office.  Two private restrooms.  High ceilings, wood floors, exposed brick.  Excellent visibility from Spring Street & the Bowery, and great light & views.  Located at the base of recent residential condominium development. 


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84 Wooster Street/134 Spring Street

Prime Soho Showroom/Loft Spaces

Partial 2nd fl:  Approx. 1309 sq. ft.  LEASED
Rent:               $4,000/mo  $37/sq. ft.
Available:       July 2009
Description:   Availabe for 1-year lease.  Built with 2 offices, reception.  High ceilings.  Hardwood floors. 

Located at the corner of Wooster and Spring Streets, this Landmarked Soho building features 2 newly renovated lobbies, 2 new automatic elevators, and video-intercom system.