




This area was a haven for artists and avant-garde thinkers—and now it’s so much more. SoHo—short for "South of Houston Street"—has morphed into one of New York City’s most sought-after shopping districts. Once an industrial zone filled with warehouses and factories, its cast-iron architecture became
Annual foot traffic
500,000 people/year
Daily vehicle traffic
15,000 vehicles/day
Population
25,000 people within
Day time population
35,000 people within
Household income (median)
$75,000.00 annually
Age (average)
> 35 years old within
1000 SF
Suitable for retail, restaurant, office
1500 SF
Suitable for retail, restaurant, office
2000 SF
Suitable for retail, restaurant, office
https://2ndstreetusa.com/article/22/04/01/2nd-street-soho-is-finally-opening-next-week

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Market Metrics & Leasing Trends
SoHo remains one of the most valuable high-street retail locations in the United States, making it a top priority for legacy retailers, luxury brands, and emerging names alike. While ground-floor rents range from $200 to $1,000 per square foot, pricing varies significantly depending on street location, visibility, and foot traffic patterns. Broadway commands the highest rents due to its mass-market appeal and dense pedestrian traffic, while Mercer and Greene Streets cater to a more curated luxury shopping experience. Despite high leasing costs, SoHo remains a top choice for flagship locations and brand expansions. Recent openings include Balenciaga’s flagship