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120 Liberty Street

Liberty Food Hall Signs Lease At 120 Liberty Street With Landlord Samson Management
LEASEDRetail

Liberty Food Hall Signs Lease At 120 Liberty Street With Landlord Samson Management

120 Liberty Street

$145

$145/SF

Building Size

4,023 SF

Asset Type

Retail

Closing

May 14, 2025

AI

The property asset is located at 120 Liberty Street in the FiDi market, comprising a retail space with a total square footage of 4,023. The asking rent for this lease is set at $145 per square foot. The transaction is classified under Retail Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $145/ft
  • Square Footage: 4,023
  • Address: 120 Liberty Street
  • Market: FiDi
  • Landlord: Samson Management
  • Tenant: Liberty Food Hall
  • Brokers: David Sabbagh & David Green - KSR
  • Landlord's Representatives: Jonathan Kershner & David Badner - Norman Bobrow
  • Lease Type: Retail Lease

The key individuals involved in this transaction include brokers David Sabbagh and David Green from KSR, representing the interests of the tenant. Additionally, the landlord's representation was handled by Jonathan Kershner and David Badner from Norman Bobrow, ensuring that the transaction was managed effectively on behalf of Samson Management.

Players

David Sabbagh

Kassin Sabbagh Realty

Broker

61 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

109400.00%

Cash-on-Cash

-31266.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93