A mixed-use building at 19 Howard Street, located between Lafayette Street and Broadway in Manhattan’s SoHo Cast Iron Historic District, was sold by Silvershore Properties in an all-cash transaction valued at $9,600,000.
The three-story elevator-serviced building contains approximately 4,415 square feet and sits on a 24’ x 72.67’ lot. It is surrounded by national retail tenants, new hotels, and up-scale restaurants which continue to drive demand in the area and public transportation is easily accessible. The property benefits additional air rights and was delivered vacant. The sale price equates to approximately $2,174 per square foot.
“It is extremely rare to find an entirely vacant building in the SoHo neighborhood. This exceptional gem was perfect for the buyer who was an end user,” said Cushman & Wakefield’s Robert Burton, who exclusively represented Silvershore Properties in this transaction.
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Neighborhoods: SoHo/ Agents: Robert Burton