262-272 Mott St
New York, NY 10012 Nolita

Prime ground/1st floor retail space available on Mott Street in the Nolita neighborhood of lower Manhattan, New York City (NYC). 

Recently upgraded in-place build-out with brand new hardwood flooring, electrical unit updates, HVAC air conditioning, ADA compliant access. Turnkey for apparel/clothing/dry good retailer. NO FOOD USE, NO VENTING.

Floor to ceiling display windows, expansive frontage (Suite 101 is 19 feet and unit 107 is 23' feet) and visibility, high-density/ heavy foot traffic, only one block to MTA subways Prince Street station ( B, D, F, M, R and W lines) and local/express bus lines. Unit 101 can be leased independently or together with unit 107 for 2,125 contiguous sf prime retail space.

   •  Just two blocks from 262 Mott Street is the New Museum of Contemporary Art, which is one of the few museums that exclusively offers contemporary art from around the
globe. The New Museum attracts hundreds of thousands of visitors annually.

   •  Around the corner from the Property is the Basilica of St. Patrick’s Old Cathedral. A New York city landmark and a national register of historic places is the first roman catholic church in New York City. The landmark attracts many tourist to the area each year.

   •  The NoLIta market is a street fair in the neighborhood which offers independent artisan offerings of clothes, jewelry and furniture.

   •  The Feast of San Gennaro, which is an annual 11 day celebration for Italian immigrants that includes hundreds of street vendors and attracts over one million visitors, takes place just one block west of the property on Mulberry Street between Houston and Canal streets. 

   •  The Puck Building, a historic building built in the late 19th century, was home to Puck Magazine until the 1980s.

The Property presents an extremely rare opportunity at the convergence of the NoLIta and SoHo neighborhoods between East Houston and Prince Streets. The Property is located within walking distance of multiple MTA subway stations, providing convenient access throughout the city via the B, D, F, M, 6, R and W trains. Community amenities have also bolstered the desirability and indicate that the neighborhood has “arrived.” 

RETAIL:  NoLIta is a hub for upscale boutiques and trendy restaurants for both residents and tourists: 
   •  Café Gitane, which is located on the same block as the subject, is “the quintessential place to see and be seen” according to The Infatuation magazine, and offers highend French-Moroccan cuisine.

   •  According to Bisnow, average retail rents in the neighborhood consistently hover around $240 per square foot, one of the highest per square foot pockets in Manhattan, confirmed by recent leases signed in 2017.

   •  The Apple Store Soho is located six blocks west of the Property, which provides consistent and substantial foot traffic throughout the neighborhood.

   •  NoLIta is home to a mix of small cultural cafes in addition to fancy cuisine.

   •  Fiat Café and Parisi Bakery located doors down from 262 Mott Street, serves authentic Italian food in cozy and quaint environments. Balzem offers Mediterranean style
tapas which is conveniently located on the block of the property.

   •  Balthazar, a legendary French brasserie known for steak frites, brunch, and pastries, is located on the corner of Spring and Crosby Streets.

   •  The Butcher’s Daughter and Jacks Wife Frieda provide classic NYC style brunch located in the heart of NoLIta.

   •  Vandal, a trendy yet pricey restaurant offers tapas style dining. Known for its exquisite décor, Vandal’s walls are painted by world-renowned street artists from countries
including Chile and Barcelona, which provide visitors with a cultural dining experience.

The neighborhood was long regarded as part of Little Italy, but has lost much of its recognizable Italian character in recent decades because of the migration of Italian-Americans out of Manhattan. In the second half of the 1990s, the neighborhood saw an influx of yuppies and an explosion of expensive retail boutiques and trendy restaurants and bars. 

After previous unsuccessful tries to pitch the neighborhood as part of SoHo, real estate promoters and others came up with several different names for consideration of this newly upscale neighborhood. The name that stuck, as documented in an article on May 5, 1996 in the New York Times City Section debating various monikers for the newly trendy area, was NoLIta, an abbreviation for North of Little Italy. This name follows the portmanteau pattern started by SoHo (South of Houston Street), and TriBeCa (Triangle Below Canal Street). Today, the neighborhood doesn’t need to rely on the clout of nearby neighborhoods and boasts a cache that exceeds that of those it originally attempted to emulate.

Spanning from Canal Street to the south, Houston Street to the north, the Bowery to the east and Lafayette to the west, the neighborhood is a cultural haven. Central
to NoHo, Lower East Side, SoHo and Little Italy, the neighborhood has become an epicenter for trendy shops, cozy cafes and contemporary art galleries. The cultural amenities combined with the accessibility to major employment centers in Midtown and FiDi via a number of subway lines, gives NoLIta staying power as a one of Manhattan’s  preeminent addresses.

• Date available: Jan 2025
• Lease term: 5 - 10 Years
• Service type: Modified Gross
• Built out as: Standard Retail
• Space Type: Relet
• In Contiguous block: 2,125 SF

Prime ground/1st floor retail space available on Mott Street in the Nolita neighborhood of lower Manhattan, New York City (NYC). 

Recently upgraded in-place build-out with brand new hardwood flooring, electrical unit updates, HVAC air conditioning, ADA compliant access. Turnkey for apparel/clothing/dry good retailer. NO FOOD USE, NO VENTING.

Floor to ceiling display windows, expansive frontage (Suite 101 is 19 feet and unit 107 is 23' feet) and visibility, high-density/ heavy foot traffic, only one block to MTA subways Prince Street station ( B, D, F, M, R and W lines) and local/express bus lines. Unit 107 can be leased independently or together with unit 101 for 2,125 contiguous sf prime retail space.

   •  Just two blocks from 262 Mott Street is the New Museum of Contemporary Art, which is one of the few museums that exclusively offers contemporary art from around the
globe. The New Museum attracts hundreds of thousands of visitors annually.

   •  Around the corner from the Property is the Basilica of St. Patrick’s Old Cathedral. A New York city landmark and a national register of historic places is the first roman catholic church in New York City. The landmark attracts many tourist to the area each year.

   •  The NoLIta market is a street fair in the neighborhood which offers independent artisan offerings of clothes, jewelry and furniture.

   •  The Feast of San Gennaro, which is an annual 11 day celebration for Italian immigrants that includes hundreds of street vendors and attracts over one million visitors, takes place just one block west of the property on Mulberry Street between Houston and Canal streets. 

   •  The Puck Building, a historic building built in the late 19th century, was home to Puck Magazine until the 1980s.

The Property presents an extremely rare opportunity at the convergence of the NoLIta and SoHo neighborhoods between East Houston and Prince Streets. The Property is located within walking distance of multiple MTA subway stations, providing convenient access throughout the city via the B, D, F, M, 6, R and W trains. Community amenities have also bolstered the desirability and indicate that the neighborhood has “arrived.” 

RETAIL:  NoLIta is a hub for upscale boutiques and trendy restaurants for both residents and tourists: 
   •  Café Gitane, which is located on the same block as the subject, is “the quintessential place to see and be seen” according to The Infatuation magazine, and offers highend French-Moroccan cuisine.

   •  According to Bisnow, average retail rents in the neighborhood consistently hover around $240 per square foot, one of the highest per square foot pockets in Manhattan, confirmed by recent leases signed in 2017.

   •  The Apple Store Soho is located six blocks west of the Property, which provides consistent and substantial foot traffic throughout the neighborhood.

   •  NoLIta is home to a mix of small cultural cafes in addition to fancy cuisine.

   •  Fiat Café and Parisi Bakery located doors down from 262 Mott Street, serves authentic Italian food in cozy and quaint environments. Balzem offers Mediterranean style
tapas which is conveniently located on the block of the property.

   •  Balthazar, a legendary French brasserie known for steak frites, brunch, and pastries, is located on the corner of Spring and Crosby Streets.

   •  The Butcher’s Daughter and Jacks Wife Frieda provide classic NYC style brunch located in the heart of NoLIta.

   •  Vandal, a trendy yet pricey restaurant offers tapas style dining. Known for its exquisite décor, Vandal’s walls are painted by world-renowned street artists from countries
including Chile and Barcelona, which provide visitors with a cultural dining experience.

The neighborhood was long regarded as part of Little Italy, but has lost much of its recognizable Italian character in recent decades because of the migration of Italian-Americans out of Manhattan. In the second half of the 1990s, the neighborhood saw an influx of yuppies and an explosion of expensive retail boutiques and trendy restaurants and bars. 

After previous unsuccessful tries to pitch the neighborhood as part of SoHo, real estate promoters and others came up with several different names for consideration of this newly upscale neighborhood. The name that stuck, as documented in an article on May 5, 1996 in the New York Times City Section debating various monikers for the newly trendy area, was NoLIta, an abbreviation for North of Little Italy. This name follows the portmanteau pattern started by SoHo (South of Houston Street), and TriBeCa (Triangle Below Canal Street). Today, the neighborhood doesn’t need to rely on the clout of nearby neighborhoods and boasts a cache that exceeds that of those it originally attempted to emulate.

Spanning from Canal Street to the south, Houston Street to the north, the Bowery to the east and Lafayette to the west, the neighborhood is a cultural haven. Central
to NoHo, Lower East Side, SoHo and Little Italy, the neighborhood has become an epicenter for trendy shops, cozy cafes and contemporary art galleries. The cultural amenities combined with the accessibility to major employment centers in Midtown and FiDi via a number of subway lines, gives NoLIta staying power as a one of Manhattan’s  preeminent addresses.

• Date available: Jan 2025
• Lease term: 5 - 10 Years
• Service type: Modified Gross
• Built out as: Standard Retail
• Space Type: Relet
• In Contiguous block: 2,125 SF