81 Mercer Street, New York, NY
81 Mercer Street, New York, NY
Between Spring Street and Broome Street
SoHo
SoHo
Rare vacant SoHo development site with 11,915 buildable SF and flexible mixed-use zoning
| Neighborhood | SoHo |
|---|---|
| Size | 11,915 buildable SF |
Investment Highlights:
Meridian Investment Sales is pleased to present 81 Mercer Street, a rare vacant development site in the heart of SoHo, located between Spring and Broome Streets just off Broadway. The 2,383 SF parcel (24′ x 100′) currently operates as a parking lot, offering a clean development footprint with no demolition cost. Its M1-5/R7X zoning within the Special SoHo-NoHo Mixed-Use District allows a 5.00 FAR and roughly 11,915 buildable SF, ideal for a boutique project with flagship retail at grade and luxury residential above. Ground-up sites in supply-constrained SoHo are virtually nonexistent, making this an exceptional opportunity.