Little Spoon Signs Five-Year Lease For 4300 Square Feet At 100 Crosby Street SoHo
100 Crosby Street
Building Size
—
Asset Type
Office
Closing
May 12, 2025
AI
The asset involved in this transaction is an office property located at 100 Crosby Street in the SoHo market. Little Spoon, an organic baby food brand, signed a five-year lease for 4,300 square feet at this address, moving from its previous location at 31 Bond Street.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 100 Crosby Street
- Market: SoHo
- Landlord: Jeffrey Gural, Eric Gural & Brian Steinwurtzel - GFP Real Estate
- Tenant: Little Spoon
- Landlord's Representative: Neith Stone - GFP Real Estate
- Tenant's Representatives: Brandon Charnas & Robert Kluge - Current Real Estate Advisors
The deal includes representation by Neith Stone for the landlord's side and Brandon Charnas and Robert Kluge representing the tenant. The transaction signifies a strategic relocation for Little Spoon as it expands its presence in the market.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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