Ang 104 Grand Street, na kilala rin bilang 39 Mercer Street, ay isang gusaling may limang palapag para sa magkahalong gamit, bukod pa sa basement, sa hilagang-kanlurang kanto ng Grand at Mercer Streets sa SoHo. Humigit-kumulang 7,500 gross SF ang gusali, na pinagsasama ang kasalukuyang kita mula sa retail at residential space na ihahatid nang bakante.

Ang ground floor at basement ay inuupahan ng Courrèges, ang French luxury fashion house na ganap na pagmamay-ari ng Groupe Artémis ng pamilyang Pinault. Ang ikalawang palapag ay inayos bilang residential apartment, at ang ikatlo hanggang ikalimang palapag ay kasalukuyang ginagamit bilang iisang residential triplex.

Iniaalok ang 104 Grand Street bilang isang buong-gusaling acquisition sa loob ng isa sa mga matatag na retail at residential corridor ng SoHo. Mangyaring mag-email para sa kumpletong building set-up.

**KATANGIANG ARKITEKTURAL AT KASAYSAYAN**
Orihinal na natapos noong humigit-kumulang 1893 at dinisenyo ng arkitektong si Julius Kastner, ang 104 Grand Street ay isang limang-palapag na gusaling kanto sa SoHo na nagtatampok ng mga detalyeng ladrilyo, bato at cast iron, na may mga impluwensiya ng Queen Anne at Romanesque Revival. Sinasalamin ng gusali ang makasaysayang katangian ng landmarked cast-iron district ng SoHo.

**MGA PANGUNAHING KATANGIAN NG INVESTMENT**

**01 Grand at Mercer Corner**
Pagmamay-ari ng buong gusali sa hilagang-kanlurang kanto ng Grand at Mercer Streets sa SoHo.

**02 Retail Tenancy ng Courrèges**
Ang ground floor at basement ay inuupahan ng Courrèges, na nagbibigay ng kasalukuyang kita mula sa retail.

**03 Bakanteng Residential Component**
Ang lahat ng residential space, na binubuo ng apartment sa ikalawang palapag at triplex mula ikatlo hanggang ikalimang palapag, ay ihahatid nang bakante.

**04 Na-renovate na mga Itaas na Palapag**
Malaki ang naging renovation sa mga interior ng residential space.

**05 Pagmamay-ari ng Buong Gusali**
Humigit-kumulang 7,500 SF sa ilalim ng iisang pagmamay-ari, mula basement hanggang ikalimang palapag.

**06 Lokasyon sa SoHo**
Matatagpuan sa isa sa mga matatag na luxury retail corridor ng Manhattan.

**KASALUKUYANG KITA MULA SA RETAIL:**

**UMUUPA:** Courrèges
**PREMISIS:** Humigit-kumulang 1,053 SF na Ground Floor + humigit-kumulang 1,200 SF na Basement (net/usable)
**KASALUKUYANG TAUNANG BASE RENT:** Humigit-kumulang $498,284
**PAGSISIMULA NG UPA:** 4/17/2022
**PAGWAWAKAS NG LEASE:** 4/30/2032
**TAX REIMBURSEMENT:** 60% ng mga pagtaas sa real estate tax na lampas sa 2021/22 base year

**HALIMBAWANG STABILIZED RESIDENTIAL REVENUE — BUWANAN AT TAUNAN:**

| | Buwanang Kita | Taunang Kita |
|---|---:|---:|
| 2nd Floor | $13,750 | $165,000 |
| 3rd Floor | $13,500 | $162,000 |
| 4th Floor | $13,250 | $159,000 |
| 5th Floor | $13,000 | $156,000 |
| **Kabuuan** | **$53,500** | **$642,000** |

Ang mga palapag 3–5 ay kasalukuyang nakaayos bilang iisang residential triplex. Ang mga tinatayang renta kada palapag ay para lamang sa paglalarawan at ipinapalagay ang muling pagsasaayos nito bilang magkakahiwalay na residential unit, pati na ang anumang kinakailangang pagpapalit ng kasalukuyang JLWQ use tungo sa residential use, alinsunod sa mga naaangkop na pag-apruba at kinakailangan. Dapat independiyenteng beripikahin ng mga potensyal na mamimili ang pinahihintulutang gamit at occupancy.

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.