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Dorsia Leases Office Space At 177 Lafayette Street In Soho For Seven Years With Eretz Group

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LEASED
$75

New York

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Office3,588 SF
Leased 06/21/2024
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Property Image
LEASED

Dorsia Leases Office Space At 177 Lafayette Street In Soho For Seven Years With Eretz Group

177 Lafayette Street

See Similar Deals
Office3,588 SF
Leased 06/21/2024
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$75
Total Square Footage:3,588 SF
Transaction Type:Lease

The property involved in this transaction is an office asset located at 177 Lafayette Street in the Soho market. The lease asking rent is set at $75 per square foot for a total area of 3,588 square feet. The lease type is a Modified Gross Lease with a term length of 7 years.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $75/ft
  • Lease Term: 7 Years
  • Asking Rent: $75/ft
  • Square Footage: 3,588
  • Address: 177 Lafayette Street
  • Market: Soho
  • Landlord: Eretz Group
  • Tenant: Dorsia
  • Brokers: Steven Evans & Khashy Eyn - Platinum Properties

Key individuals involved in the transaction include the landlord Eretz Group and the tenant Dorsia. The transaction was facilitated by brokers Steven Evans and Khashy Eyn, both representing Platinum Properties in this deal.

Players

Khashy Eyn
24 deals$581.9M volume(212) 825-0050
BROKER

Steven Evans
Platinum Commercial
45 deals$36.1M volume
BROKER

Details

LEASED
IMAGE: Steven Evans & Khashy Eyn DATE: 06/21/2024 ADDRESS: 177 Lafayette Street MARKET: Soho ASSET TYPE: Office LANDLORD: Eretz Group TENANT: Dorsia BROKERS: Steven Evans (@SEvans717) & Khashy Eyn - Platinum Properties (@PlatinumProperties_NYC) ASKING RENT: $75/ft ~ SF: 3,588 LEASE TYPE: Modified Gross Lease LEASE TERM: 7 Years

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Deal Type
Effective Rent (Annual)

$308,492.99

Total Lease Value

$3,084,929.92

Net Landlord Cash Flow$308,492.99