Samudhra Signs Lease For 10,000 Square Feet At 312 West 43rd Street In Midtown Manhattan
312 West 43rd Street
Building Size
10,000 SF
Asset Type
Mixed-use
Closing
Aug 23, 2026
About this deal
AI
The property asset involved is a mixed-use development located at 312 West 43rd Street in Midtown Manhattan. It encompasses approximately 10,000 square feet and is part of The Ellery, a 33-story luxury rental tower.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Address: 312 West 43rd Street
- Market: Midtown Manhattan
- Landlord: Charles R. Bendit & Paul E. Pariser - Taconic Partners & National Real Estate Advisors
- Tenant: Samudhra
- Brokers: Lon Rubackin, Michael Kadosh & Bevan Cohen - CBRE & Brad Schwarz - Lee & Associates
The transaction includes Samudhra, an Indian restaurant based in Franklin Park, NJ, which has secured its first Manhattan location through this lease agreement.
On the Map
Mixed-use
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Players
Santa 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93