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132 Crosby Street

SoHo Pilates Leases 3500 Square Feet At 132 Crosby Street In Manhattan's SoHo
LEASEDMixed-use

SoHo Pilates Leases 3500 Square Feet At 132 Crosby Street In Manhattan's SoHo

132 Crosby Street

$75

$75/SF

Building Size

3,500 SF

Asset Type

Mixed-use

Closing

Oct 30, 2025

AI

The transaction involves a mixed-use asset located at 132 Crosby Street in the SoHo market of Manhattan. The retail space spans 3,500 square feet and is leased at an asking rent of $75 per square foot. This deal is part of SoHo Pilates' expansion in New York City.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $75/ft
  • Square Footage: 3,500
  • Address: 132 Crosby Street
  • Market: SoHo, Manhattan
  • Landlord: Mosery Family
  • Tenant: SoHo Pilates
  • Landlord's Representative: Catherine O'Toole & Stephanie Moore - Lee & Associates
  • Tenant's Representative: Jack Sash Basora & Mark Golberg - Tahari Realty
  • Lease Type: Single Net Lease

The transaction is significant for the tenant representation team at Tahari Realty, which successfully negotiated favorable lease terms for SoHo Pilates. This achievement aligns with Tahari Realty’s established reputation in the market for providing tailored real estate solutions, emphasizing their strategic approach in identifying quality spaces in competitive areas of Manhattan.

Players

Catherine O'Toole

Lee & Associates

Broker

$68.5M

vol

9 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage
Tahari Realty
Tahari RealtyBrokerage

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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93