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100 Crosby Street

Little Spoon Signs Five-Year Lease For 4300 Square Feet At 100 Crosby Street SoHo
LEASEDOffice

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:

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

Brandon Charnas

Current Real Estate Advisors

Broker

$1.6M

vol

21 deals

Broker
Jeffrey Gural

Jeffrey Gural

GFP Real Estate

Landlord

$915.3M

vol

20 deals

Landlord

New York Office Market Snapshot

Boundary boundary · Office · 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