104 Grand Street, nke a makwaara dị ka 39 Mercer Street, bụ ụlọ nwere okpukpu ise a na-eji agwakọta azụmahịa na ebe obibi, tinyere okpuru ụlọ, nke dị n’akụkụ ugwu ọdịda anyanwụ nke Grand na Mercer Streets na SoHo. Ụlọ ahụ nwere ihe dịka 7,500 SF n’ozuzu ya, na-ejikọta ego mgbazinye azụmahịa dị ugbu a na oghere obibi a ga-enyefe n’enweghị onye bi na ya.

A gbazinyela ala mbụ na okpuru ụlọ nye Courrèges, ụlọ ọrụ ejiji okomoko nke France nke Groupe Artémis nke ezinụlọ Pinault nwere kpamkpam. A haziri ala nke abụọ dịka apartimenti obibi, ebe a na-eji ala nke atọ ruo nke ise ọnụ dịka otu triplex obibi.

A na-enye 104 Grand Street maka ịzụta ụlọ ahụ dum, n’ime otu n’ime mpaghara azụmahịa na ebe obibi siri ike guzobe na SoHo. Biko ziga ozi-e maka nhazi na nkọwa zuru ezu nke ụlọ ahụ.

ÀgwÀ ỤLỌ NA AKỤKỌ Ọ merechaala mbụ n’ihe dịka afọ 1893, onye na-ese ụkpụrụ ụlọ bụ Julius Kastner haziri ya. 104 Grand Street bụ ụlọ nkuku SoHo nwere okpukpu ise, nke nwere brik, nkume na ihe nkedo ígwè e ji chọọ ya mma, yana mmetụta nke ụdị Queen Anne na Romanesque Revival. Àgwà ụlọ ahụ na-egosipụta ọdịdị akụkọ ihe mere eme nke mpaghara SoHo a ma ama maka ụlọ ígwè nkedo ya.

ISI URU ITinye ego

01 Nkuku Grand & Mercer Inwe ụlọ ahụ dum n’akụkụ ugwu ọdịda anyanwụ nke Grand na Mercer Streets na SoHo.

02 Mgbazinye Azụmahịa Courrèges A gbazinyela ala mbụ na okpuru ụlọ nye Courrèges, nke na-enye ego mgbazinye azụmahịa dị ugbu a.

03 Akụkụ Ebe Obibi Na-enweghị Onye Bi na Ya Oghere obibi niile, gụnyere apartimenti dị n’ala nke abụọ na triplex dị n’ala nke atọ ruo nke ise, ga-enyefe n’enweghị onye bi na ya.

04 Ala Ndị Dị Elu Emezigharịrị Emezigharịrị ime ụlọ obibi ndị dị n’ala ndị dị elu n’ụzọ dị ukwuu.

05 Inwe Ụlọ Dum Ihe dịka 7,500 SF nọ n’okpuru otu onye nwe ya, site n’okpuru ụlọ ruo n’ala nke ise.

06 Ọnọdụ SoHo Ọ dị n’ime otu n’ime mpaghara azụmahịa okomoko a ma ama nke Manhattan.

EGO MBAGHINYE AZỤMAHỊA DỊ UGBUA:

ONYE MBAGHINYE: Courrèges

OGHERA: Ihe dịka 1,053 SF n’Ala Mbụ + Ihe dịka 1,200 SF n’Okpuru Ụlọ (net/usable)

MBAGHINYE ISI A NA-AKỌTAZI N’AFỌ: Ihe dịka $498,284

MBIDO MBAGHINYE: 4/17/2022

NCHỊKỌTA MBAGHINYE: 4/30/2032

Ịkwụghachi Ụtụ: 60% nke mmụba ụtụ ụlọ na ala karịa afọ ntọala 2021/22

EGO MBATA EBE OBIBI E KWADORO KA Ọ DỊ ỌMA — OTU ỌNWA NA AFỌ:

Kwa Ọnwa / Kwa Afọ
Ala nke 2 $13,750 $165,000
Ala nke 3 $13,500 $162,000
Ala nke 4 $13,250 $159,000
Ala nke 5 $13,000 $156,000
Ngụkọta $53,500 $642,000

A haziela ala nke 3 ruo nke 5 ugbu a dịka otu triplex obibi. Atụmatụ mgbazinye kwa ala bụ naanị ihe atụ, ma dabere n’echiche na a ga-ahazigharị oghere ndị ahụ ka ha bụrụ ngalaba obibi dị iche iche, yana na a ga-eme mgbanwe ọ bụla achọrọ iji gbanwee ojiji JLWQ dị ugbu a ka ọ bụrụ ojiji obibi, dabere na nkwado na ihe ndị achọrọ n’okpuru iwu ndị metụtara ya. Ndị nwere ike ịzụta kwesịrị iji aka ha nyochaa ojiji a kwere na ikike ibi n’ụlọ ahụ.

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.