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200 Lafayette Street

Meadow Partners Acquires Mixed-Use Property At 200 Lafayette Street In SoHo For $40 Million
SOLDMixed-use

Meadow Partners Acquires Mixed-Use Property At 200 Lafayette Street In SoHo For $40 Million

200 Lafayette Street

$40,000,000

$2,105/SF

Building Size

19,000 SF

Asset Type

Mixed-use

Closing

May 6, 2025

AI

The mixed-use property located at 200 Lafayette Street in SoHo is under contract for a sale price of $40,000,000. The property encompasses 19,000 square feet and has a price per square foot of $2,105. Notably, it houses retail and office spaces, which include tenants such as Eataly and Moncler.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $40,000,000
  • Address: 200 Lafayette Street
  • Market: SoHo
  • Square Footage: 19,000
  • Price per Square Foot: $2,105
  • Buyer: Jeffrey Kaplan, Andrew McDaniel & Timothy Yantz - Meadow Partners
  • Seller: Kevin McCrain - Brookfield Properties
  • Broker Representatives: Adam Doneger & Adam Spies - Newmark

This transaction involves Meadow Partners acquiring the property from Brookfield Properties, with Jeffrey Kaplan, Andrew McDaniel, and Timothy Yantz representing the buyer's interests. The brokerage team from Newmark, consisting of Adam Doneger and Adam Spies, facilitated the deal.

Players

Adam Doneger

Newmark

Broker

$50.2B

vol

190 deals

Broker
Adam Spies
Verified Badge

Adam Spies

Newmark

Broker

$71.8B

vol

263 deals

Broker
Meadow Partners
Meadow PartnersBuyer

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93