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131-137 Spring Street

131 Spring Street
New York, NY 10012
Office, Retail, Leasing/Rental

131-137 Spring Street is a low-rise, mixed-use residential and commercial office building in the Soho neighborhood of Manhattan. It is 66 feet tall and contains 68,000 square feet. The building holds very valuable ground floor retail space, currently home to clothing retailers Diesel and Burberry.

The building was acquired by New York real estate company SL Green in December of 2012 for $122.3 million. At that time Thor Equities sued the seller, Willspring Holdings, claiming that Thor alone had the rights to purchase the property. Willspring had previously purchased the building for just $46 million in 2006.

-WP

  • Address 131 Spring Street
  • neighborhood Soho
  • borough Manhattan
  • owner SL Green Realty
  • owner entity 131 SPRING MEMBER LLC
  • height in feet 66
  • floors 6
  • Year Built 1915
  • residential units 4
  • total units 4
  • square feet 68,000
  • block and lot 1-00500-0036
  • BIN 1007654
  • Event Sales
  • Building Name 131-137 Spring Street
  • Address 131 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 68,342
  • Price $ 122,300,000
  • Price per foot $ 1,789.53
  • Publication Date 03/01/2013
  • Event Date 01/20/2013
  • Party 2 SL Green Realty
notes
The property sold for $122.3 million.
  • Event Sales
  • Building Name 131-137 Spring Street
  • Address 131 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Price $ 46,000,000
  • Price per foot $ 792.00
notes
The adjacent elevator loft buildings, which total 58,100 square feet, sold for $46 million, or $792 per square foot. The properties, tenanted by high-end retailers Burberry and Diesel, are fully occupied.
  • Event Office Leasing
  • Address 133 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 5,000
  • Publication Date 06/01/2005
  • Event Date 04/22/2005
  • Party 1 Framestore CFC
  • Party 1 Brokerage Sinvin Real Estate
  • Party 1 Broker Christopher Owles, Bruce Sinder
  • Party 2 AKQA
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker E.N. Cutler
notes
International marketing firm signs 2-year sublease
  • Event Office Leasing
  • Address 133 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 10,625
notes
Post-production office leases two penthouses, subleases smaller space
  • Event Office Leasing
  • Address 133 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 3,000
  • Publication Date 03/01/2004
  • Event Date 01/21/2004
  • Party 1 Spring Street Associates
  • Party 1 Brokerage Sinvin Real Estate
  • Party 2 Garrard
  • Party 2 Brokerage Cresa Partners
notes
British crown jeweler to open, Jade Jagger, daughter of Mick, as creative director