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Garage-to-office conversion property in SoHo

Sector: Commercial • Location: New York, United States

Source: The Business Journals

Project
Completed

A SoHo building that's been converted from a parking garage into office space has been sold. The 154-year-old building at 165 Mercer St. has been sold to John Grassi's Spear Street Capital for $40 million.

Status
Closed
Sector
Commercial, Road, Car parking, Residential, Automotive
Location
New York, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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The project “Garage-to-office conversion property in SoHo” is an infrastructure initiative in the Commercial sector, located in New York, New York, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status

Completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A SoHo building that's been converted from a parking garage into office space has been sold. The 154-year-old building at 165 Mercer St. has been sold to John Grassi's Spear Street Capital for $40 million.

Budget

Location

Country

United States of America (USA)

State

New York

City

New York

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Commercial, Road, Car parking, Residential, Automotive

Article published date

2025-03-04

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