Commercial Real Estate & Advisory

Recent Commercial Real Estate Transactions

The New York Times | By Amy Osorio | January 29, 2020

$150/SQ. FT.

$600,000 approximate annual rent

163 Mercer Street (between West Houston and Prince Streets)


A Bathing Ape, a Japanese fashion brand known as Bape, signed a 10-year lease for this two-story, 4,000-square-foot building in SoHo, which was formerly the flagship store for Marc Jacobs. Built in 1867, it was once used as a wagon house and includes garage doors. The owner bought the building in the 1970s.

Tenant: A Bathing Ape

Tenant’s Broker: Gabriel Paisner of Odyssey Retail Advisors

Landlord: 39 Tapir

Landlord’s Brokers: Steve Rappaport and Margie Sarway of Sinvin Real Estate