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120 Thompson Street

Gabriela Ceballos Jewelry Signs Retail Lease At 120 Thompson Street In Soho, Manhattan
LEASEDMixed-use

Gabriela Ceballos Jewelry Signs Retail Lease At 120 Thompson Street In Soho, Manhattan

120 Thompson Street

$214

$214/SF

Building Size

750 SF

Asset Type

Mixed-use

Closing

Nov 28, 2023

AI

A retail lease has been completed at 120 Thompson Street in Soho, Manhattan. The mixed-use property, owned by Will Korn, will now be occupied by Gabriela Ceballos Jewelry. The deal was facilitated by Jack Mosseri from Silverline Realty Group.

Summary of transaction details

  • Property Type: Mixed-use
  • Address: 120 Thompson Street
  • Market: Soho, Manhattan
  • Landlord: Will Korn
  • Tenant: Gabriela Ceballos Jewelry
  • Broker: Jack Mosseri - Silverline Realty Group
  • Asking Rent: $214/ft
  • Square Footage: 750
  • Lease Type: Retail Lease

Jack Mosseri from Silverline Realty Group represented Gabriela Ceballos Jewelry in this retail lease transaction, ensuring a successful agreement for both parties involved.

Players

Jack Mosseri

Silverline Realty Group

Broker

5 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

74126.17%

Cash-on-Cash

-21185.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93