127 Prince Street

Multi-Tenant Ground Level Retail Co-Op in SoHo

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SOHO NYC

Location Overview

The corner of Prince and Wooster Streets in SoHo stands as the quintessential example of the neighborhood’s vibrant retail and real estate landscape. This intersection is renowned for its high-end boutiques and designer stores, attracting a fashionable and discerning clientele.

Neighborhood Overview

SoHo, located in the heart of Manhattan, is a vibrant neighborhood known as a shopper’s paradise, boasting a diverse array of stores ranging from high-end designer boutiques to quirky, independent shops. This retail richness attracts a steady stream of affluent visitors, making it one of New York City’s premier shopping destinations. The streets of SoHo, characterized by their cobblestones and historic cast-iron buildings, create a unique architectural backdrop for this retail haven. The neighborhood also hosts numerous art galleries, trendy restaurants, and cafes, adding to its lively atmosphere.

SoHo’s transit connectivity is a cornerstone of its appeal, offering convenient access to the rest of New York City. The       and subway lines run through or near the neighborhood, providing direct routes to areas like Times Square, Wall Street, and Central Park. Apart from the subways, SoHo is also well-served by several bus routes. Additionally, bike-sharing stations and pedestrian-friendly streets cater to eco-conscious commuters. Its proximity to major transit hubs including Penn Station and Grand Central Terminal, both within a 15-minute subway ride, make it the ideal location for both residents and visitors.

While Fifth and Madison Avenues are celebrated for their luxury brands and flagship stores, SoHo presents a more diverse and eclectic shopping experience. It has become the epicenter for trendsetting boutiques, avant-garde designers, and unique concept stores that cater to a more varied demographic. SoHo’s market is distinctly characterized by smaller, more versatile retail spaces, commonly seen in historic cast-iron buildings and typically offering more accessible options for emerging brands and startups.

Neighborhood History

SoHo, an acronym for “South of Houston Street,” emerged as a distinct neighborhood in the early 19th century and was initially called the South Village. For many years, it served as an industrial area filled with warehouses and factories.

By the mid-20th century, as manufacturing declined, the dilapidated but spacious lofts and buildings attracted artists, celebrities, and LGBTQ pioneers, who fought Robert Moses’s plan to build a freeway through the area and to preserve it as the SoHo–Cast Iron Historic District.

This cultural transformation turned SoHo into the hub for New York City’s art community and played a pivotal role in its evolution into the fashionable, retail-rich, and highly sought-after area it is known as today.

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