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200 Lafayette Street

Meadow Partners Acquires Mixed-Use Retail Condo In SoHo From Brookfield Properties For $37M
SOLDMixed-use

Meadow Partners Acquires Mixed-Use Retail Condo In SoHo From Brookfield Properties For $37M

200 Lafayette Street

$37,000,000

Building Size

Asset Type

Mixed-use

Closing

Jun 24, 2025

AI

A mixed-use asset located at 200 Lafayette Street in SoHo, Manhattan, was sold for $37,000,000. The property spans 27,970 square feet, which translates to a price per square foot of $1,323. The sale was recorded on July 3, following the closing on June 24, 2025.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $37,000,000
  • Address: 200 Lafayette Street
  • Market: SoHo, Manhattan
  • Square Footage: 27,970
  • Price per Square Foot: $1,323
  • Buyer: Jeffrey M Kaplan - Meadow Partners
  • Seller: Kevin McCrain - Brookfield Properties

Jeffrey M Kaplan represented Meadow Partners in the acquisition of the property, while Kevin McCrain represented Brookfield Properties as the seller. The transaction highlights the engagement between these two prominent entities within the real estate market.

Players

Meadow Partners
Meadow PartnersBuyer
Brookfield Properties
Brookfield PropertiesSeller

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

0.43%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93