65 Thompson St
New York, NY 10012 SoHo

• Unit Size: 1,303 SF
• Condo Use: Retail
• Price: $1,400,000 USD
• Sale Type: Investment
• Price/SF: $1,074.44 USD

Sale Notes

Located in the heart of SoHo, 65 Thompson Street presents a rare opportunity to acquire a fully leased retail condominium with strong in-place income and exceptional visibility. Positioned between Broome and Spring Streets, this 1,303 SF ground-floor unit benefits from consistent pedestrian traffic exceeding 250,000 daily, driven by the neighborhood’s dynamic mix of retail, residential, and office uses. The property is leased to Art & Autonomy, a luxury hair salon that has been a staple in the community since 2015. With 3.5 years of weighted average lease term remaining, the tenant provides stable cash flow and brand recognition, having earned accolades including a feature on Jimmy Fallon. The lease generates $146,240 in annual revenue, with a net operating income of $77,680 after expenses. SoHo’s vibrant retail corridor, proximity to multiple subway lines, and affluent residential base make this asset ideal for investors seeking long-term value in a premier Manhattan location. The unit’s frontage on Thompson Street ensures high visibility, while the surrounding blocks offer a curated mix of boutiques, galleries, and dining destinations that attract both locals and tourists. This offering combines strong financials, a proven tenant, and a location that continues to outperform in terms of foot traffic and retail demand.