Christian Siriano Leases 8,085 SF Office Space At 625 Broadway In SoHo For $80/ft
625 Broadway
$80
$80/SF
Building Size
8,085 SF
Asset Type
Office
Closing
Oct 31, 2025
About this deal
AI
The property asset involved in this transaction is an office space located at 625 Broadway - 4th Floor in the SoHo market. It has a total square footage of 8,085 and is leased under a Modified Gross Lease agreement with an asking rent of $80 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $80/ft
- Address: 625 Broadway - 4th Floor
- Market: SoHo
- Landlord: The Jackson Group
- Tenant: Christian Siriano
- Landlord's Representative: Solomon Sharaby & Ezra Falack - KSR
- Tenant's Representative: Rachel Kirkham - Colliers
Key individuals involved in the transaction include the landlord, The Jackson Group, represented by Solomon Sharaby and Ezra Falack from KSR. The tenant, Christian Siriano, was represented by Rachel Kirkham from Colliers.
On the Map
$80
$80/SF
Office
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Players
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
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93