About this property
93 Grand Street, available for sale for the first time in decades, is located in the heart of SoHo, located on Grand Street between Greene and Mercer Streets. This sale offers an unparalleled “pride of ownership” opportunity. The original SoHo cast-iron mixed-use building features ground floor retail and three floor-through residential lofts, all of which are “free market.” Additionally, 3,000 square feet of buildable air rights are available, applicable to the rear of top floor apartment and roof.
The ground floor retail space is currently leased by “Evisu New York.” Each of the 3 residential loft units has undergone meticulous renovations, boasting features such as a 40-foot entertaining living room, Sub-Zero Refrigerator, Viking Gas Range, GE Monogram Dishwasher and Washer/Dryer, recessed ceiling lighting throughout, central air, a therapeutic Air-Jet Spa Tub, Duravit Bathrooms, Philippe Starck Fixtures, spacious closets, and exposed brick throughout.
Built in 1856, the property is ideal for a primary owner looking to reside in one of the units while earning significant passive income from the others. It also presents an attractive opportunity for investors seeking strong in-place income with additional value-add potential in both retail and residential rents.
Designed by John Snook, the architect behind the original Grand Central Terminal and the Mayflower Hotel, this building is within walking distance of the Broadway-Lafayette (B,D,F,M), Prince Street (N,Q,R), and Canal Street (A,C,E,1) subway stations. Additionally, it is conveniently located near Alexander Wang, EVISU, Acne Studios, SoHo Grand Hotel, Ground Support Café, Cipriani Soho, Felix Restaurant, Balthazar and Fanelli Café.
Please reach out to Ali Raza of The Corcoran Group SoHo for any inquiries.
