16 SPRING Street #GROUND
MLS® #RLS20078426
Listing by Serhant
NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.
Studio
1
Bath
850
Sq. Ft.
1915
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Outdoor Space: Patio, Terrace
- Style: WalkUp architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 20, 2026 | $20,000 | - |
| Price Reduced | May 28, 2026 | $28,000 | +40.0% |
| Currently | Jun 13, 2026 | $25,000 | -10.7% |
Description
Serhant is presenting a unique retail opportunity in the heart of Nolita, Manhattan. This space features a charming storefront with excellent street presence, a private backyard ideal for additional use or space, and abundant storage including a full basement. The space is being delivered as-is and requires a full re design and renovation, offering the perfect blank canvas for a tenant to design and build out a customized concept. Ideal for brands or operators looking to create a distinctive presence in one of downtown's most sought-after neighborhoods.
Features & Amenities
Interior Features
Exterior Features
Building Information
Rental Details
Available
3/20/2026
Security Deposit
$70,000
Fee Disclosure NYC FARE Act
Estimated Move-In Costs
First Month's Rent
$25,000
Security Deposit
$25,000
Application Fee
$20
Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.
About Nolita
View All Nolita ListingsNolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.
Nolita Live Market Data
View NeighborhoodActive Listings
15
Median Asking Price
$3.40M
Median $/Sqft
$2,168
Avg Days on Market
N/A
New This Week
2
Price Reduced
33%
Sold (30 Days)
2
Median Sale Price
$3.65M
Live data from RLS at REBNY • Updated 6/13/26, 6:40 PM EST
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Location
16 SPRING Street #GROUND, Nolita, New York County
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 850 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1915, making it approximately 111 years old.
This listing is RentalBuilding
Pet policy requires confirmation with the listing broker.
At the current list price of $25,000 for 850 sq ft, the asking price per square foot is approximately $29. This figure is for reference only and may differ from appraised or assessed values.
To schedule a viewing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Serhant - YA WANG
Listing Contact: (646) 660-5541
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
RLS Data display by Keller Williams NYC. Data last updated on 6/13/2026 at 10:40 PM UTC