Building Overview

  • Asking Price $15,950,000
  • Total RSF 13,860 RSF
  • Stories 5
  • Neighborhood SoHo

Avison Young, as the exclusive agent, is pleased to offer for sale the 13,860 square foot boutique commercial building located at 206 Spring Street (the “Property”). The Property is currently 100% occupied and features a stable income stream with a weighted average lease term (WALT) of 4.0 years. The national Japanese and Wagyu barbecue restaurant, Chubby Cattle, anchors the property and the upstairs office tenants include a pilates studio, a collaborative workspace, and a dental office.


206 Spring Street represents a rare opportunity to acquire a high performing asset in a premier downtown location with stable income, strong fundamentals, and significant barriers to entry.

Highlights

100% Leased

4.0 Years of WALT

Strong Retail Tenant
Premier Soho Location

Diverse Tenancy

Team

Brandon Polakoff

Brandon Polakoff

Principal, Head of NYC Investment Sales
Avison Young - US - NY - New York
Alexandra Marolda

Alexandra Marolda

Director
Avison Young - US - NY - New York
Alex Woodlief

Alex Woodlief

Lea Voytovich

Lea Voytovich

Senior Associate
Avison Young
Peter Gottsacker

Peter Gottsacker