Retail · For lease · SoHo
118 Prince St, Ground
Work out the rent over a lease term
Commercial Rent Tax: about $29,582 a year at this rent
Corner storefront with 32 ft of frontage on Prince and 40 ft on Wooster. Cast-iron facade and 14 ft ceilings. Suited to fashion, beauty, or a flagship concept.
This is an example. Post a requirement like it and we match you with real spaces as they are listed.
I'm interested$410/SF a year is higher than what three in four Manhattan retail buildings collected per square foot in 2024 (the top quarter starts at $104.91).
Source: the income and expense statements that owners of Manhattan retail buildings file with the city (NYC Department of Finance (opens in a new tab), 2024 filings, 1,328 in the borough). It is what whole buildings across the borough collected (not this neighborhood alone), with vacant space, concessions and older leases in the mix: a baseline, not a quote for this space. Every borough, side by side
How much commercial rent costs in NYC, and what is paid on top of it
Example requirements, scored out of 100 on location, type, size, budget, timing and must-haves. Best fit first.
Posted by a tenant rep broker · Retail / beauty
96 out of 100 match.In SoHo · Rent within budget
Posted by the tenant · Fitness
55 out of 100 match.Same borough (Manhattan) · Rent 273% over budget
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
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A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
