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77 Greene Street perfect for high-end fashion store.

A prime SoHo retail location, at 77 Greene St. near the corner of Spring, is now available for long-term release, with possession early next year. The 2,500-SF site, located between Spring and Broome Streets, is offered at $270,000 a year net on a 10- to 15-year lease, said Lucy Aceto and Perry Rothenberg, Douglas Elliman brokers representing the owner.

The property is currently occupied by "5 &10 No Exaggeration," a private party space. With 25 feet of frontage, 77 Greene St. has additional basement space, 15.5-foot ceilings and the potential for a large skylight.

The space is ideal for a high-fashion store in a location that is a magnet for high-end shoppers, Aceto noted. On the same block are such name stores as Agnes B. Homme, Vivienne Westwood and Helmut Lang Parfums. It is across the street from Ferragamo, Helmut Lang, Alice's Antiques, Plein Sud, British Khaki, Nuovo Melodrome and Catherine, and a half block from Agnes B and Armani Home.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Oct 3, 2001
Previous Article:Olympic Tower space being leased by Garrick-Aug.
Next Article:Garrick-Aug Worldwide agent for 55,000 SF Cartier lease renewal.

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