Sushidelic LLC Leases Mixed-Use Space In Soho At 177 Lafayette St For Expansive Restaurant
177 Lafayette Street, New York City, New York 10013, United States
$250
$250/SF
Building Size
2,500 SF
Asset Type
Mixed-use
Closing
Oct 3, 2022
About this deal
AI
Located at 177 Lafayette St in the bustling Soho market, this mixed-use property recently underwent a lease transaction. The deal was closed on October 3, 2022, with the tenant, Sushidelic LLC, securing the space offered by the landlord, Eretz Group. The property spans approximately 2,500 square feet and features a combination of residential, commercial, and retail spaces.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Date: October 3, 2022
- Address: 177 Lafayette St
- Market: Soho
Represented by Hiro Nishida and Steven Evans of Platinum Properties NYC, the lease deal was successfully closed. Both brokers played a crucial role in facilitating the transaction between Sushidelic LLC and Eretz Group. The asking rent for the property was set at $250 per square foot.
On the Map
$250
$250/SF
Mixed-use
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Players
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
63452.00%
Cash-on-Cash
-18134.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93