104 Grand Street, ke yo rele tou 39 Mercer Street, se yon bilding senk etaj ki gen itilizasyon melanje, anplis yon sousòl, ki sitiye nan kwen nòdwès Grand Street ak Mercer Street nan SoHo. Bilding nan gen apeprè 7,500 pye kare brit, li konbine revni komèsyal an detay ki deja an plas ak espas rezidansyèl ki delivre vid.
Etaj tè a ak sousòl la lwe bay Courrèges, kay mòd liksye franse a, ki posede nèt pa Groupe Artémis fanmi Pinault la. Dezyèm etaj la òganize kòm yon apatman rezidansyèl, epi twazyèm rive senkyèm etaj yo itilize kounye a ansanm kòm yon sèl triplex rezidansyèl.
Yo ofri 104 Grand Street pou akizisyon bilding konplè a, nan youn nan koridò komèsyal ak rezidansyèl ki deja etabli nan SoHo. Tanpri voye yon imèl pou jwenn planifikasyon konplè bilding nan.

KARAKTÈ ACHITEKTIRAL AK ISTWA
Li te orijinèlman fini anviwon 1893 epi achitèk Julius Kastner te desine li. 104 Grand Street se yon bilding kwen senk etaj nan SoHo, ki prezante detay an brik, wòch ak fè jete, avèk enfliyans estil Queen Anne ak Renesans Romanesk. Karaktè bilding nan reflete twal istorik distri SoHo a ki gen bilding an fè jete epi ki klase kòm yon zòn istorik.

PWOJÈ ENPÒTAN SOU ENVESTISMAN AN

01 Kwen Grand ak Mercer
Pwopriyete tout bilding nan posede nan kwen nòdwès Grand Street ak Mercer Street nan SoHo.

02 Lwaye Komèsyal Courrèges
Etaj tè a ak sousòl la lwe bay Courrèges, sa ki bay revni komèsyal ki deja an plas.

03 Konpozan Rezidansyèl Vid
Tout espas rezidansyèl yo, ki gen ladan yon apatman nan dezyèm etaj la ak yon triplex ki sòti nan twazyèm rive senkyèm etaj la, delivre vid.

04 Etaj Siperyè Renove
Enteryè espas rezidansyèl yo sibi gwo renovasyon.

05 Pwopriyete Tout Bilding
Apeprè 7,500 pye kare anba yon sèl pwopriyetè, soti nan sousòl la rive nan senkyèm etaj la.

06 Lokalizasyon SoHo
Li sitiye nan youn nan koridò komèsyal liksye ki deja etabli nan Manhattan.

REVNI KOMÈSYAL KI DEJA AN PLAS:

LOKATÈ: Courrèges
ESPAS LA: Apeprè 1,053 pye kare nan etaj tè a + apeprè 1,200 pye kare nan sousòl la (net/itilizab)
LÒYÈ BAZ ANYÈL KOUNYE A: Apeprè $498,284
KÒMANSMAN LWAYE A: 4/17/2022
EKSPIRASYON LWAYE A: 4/30/2032
Ranbousman taks: 60% ogmantasyon taks sou byen imobilye ki depase ane baz 2021/22 la

REVNI REZIDANSYÈL ESTABILIZE KI ILISTRATIF — CHAK MWA AK CHAK ANE:

| Etaj | Chak mwa | Chak ane |
|---|---:|---:|
| 2yèm etaj | $13,750 | $165,000 |
| 3yèm etaj | $13,500 | $162,000 |
| 4yèm etaj | $13,250 | $159,000 |
| 5yèm etaj | $13,000 | $156,000 |
| Total | $53,500 | $642,000 |

Etaj 3 rive 5 yo òganize kounye a kòm yon sèl triplex rezidansyèl. Estimasyon lwaye pou chak etaj yo se sèlman egzanp epi yo sipoze reòganizasyon an an inite rezidansyèl separe, ansanm ak nenpòt konvèsyon ki nesesè nan itilizasyon JLWQ ki deja egziste a pou vin itilizasyon rezidansyèl, selon apwobasyon ak egzijans ki aplikab yo. Achtè potansyèl yo ta dwe verifye poukont yo itilizasyon ak okipasyon ki otorize yo.

104 Grand Street, also known as 39 Mercer Street, is a five-story mixed-use building, plus basement, on the northwest corner of Grand and Mercer Streets in SoHo. The building is approximately 7,500 gross SF, combining in-place retail income with residential space delivered vacant.
The ground floor and basement are leased to Courrèges, the French luxury fashion house wholly owned by the Pinault family's Groupe Artémis. The second floor is configured as a residential apartment, and the third through fifth floors are currently used together as a single residential triplex.
104 Grand Street is offered as a full-building acquisition within one of SoHo's established retail and residential corridors. Please email for a full building set-up.

ARCHITECTURAL CHARACTER & HISTORY Originally completed circa 1893 and designed by architect Julius Kastner, 104 Grand Street is a five-story SoHo corner building featuring brick, stone and cast-iron detailing with Queen Anne and Romanesque Revival influences. The building's character reflects the historic fabric of SoHo's landmarked cast-iron district.

INVESTMENT HIGHLIGHTS

01 Grand & Mercer Corner Full-building ownership at the northwest corner of Grand and Mercer Streets in SoHo.
02 Courrèges Retail Tenancy Ground floor and basement leased to Courrèges, providing in-place retail income.
03 Vacant Residential Component All residential space, comprising a second-floor apartment and a third-through-fifth-floor triplex, delivered vacant.
04 Renovated Upper Floors Residential interiors have been substantially renovated.
05 Full-Building Ownership Approximately 7,500 SF under single ownership, from basement through fifth floor.
06 SoHo Location Positioned within one of Manhattan's established luxury retail corridors.

IN-PLACE RETAIL INCOME:

TENANT: Courrèges
PREMISES Approx.: 1,053 SF Ground Floor + Approx. 1,200 SF Basement (net/usable)
CURRENT ANNUAL BASE RENT: Approx. $498,284
RENT COMMENCEMENT: 4/17/2022
LEASE EXPIRATION: 4/30/2032
TAX REIMBURSEMENT: 60% of RE tax increases over the 2021/22 base year

ILLUSTRATIVE STABILIZED RESIDENTIAL REVENUE MONTHLY ANNUAL:

Monthly/Annual
2nd Floor $13,750 $165,000
3rd Floor $13,500 $162,000
4th Floor $13,250 $159,000
5th Floor $13,000 $156,000
Total $53,500 $642,000

Floors 3-5 are currently configured as a single residential triplex. Per-floor rental estimates are illustrative and assume reconfiguration into separate residential units and any required conversion of the existing JLWQ use to residential use, subject to applicable approvals and requirements. Prospective purchasers should independently verify permitted use and occupancy.