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147 West 46th Street

Nan Xiang Soup Dumplings Leases Retail Space At 147 West 46th Street From Landlord Roosevelt Lee
LEASEDRetail

Nan Xiang Soup Dumplings Leases Retail Space At 147 West 46th Street From Landlord Roosevelt Lee

147 West 46th Street

$100

$100/SF

Building Size

20,000 SF

Asset Type

Retail

Closing

Mar 12, 2026

AI

The retail lease transaction occurred at 147 West 46th Street in Manhattan, where Nan Xiang Soup Dumplings is the tenant, and the landlord is Roosevelt Lee. The asking rent for this 20,000 square foot space is set at $100 per square foot, reflecting the current market dynamics.

Summary of transaction details:

The deal was facilitated by brokers Thomas Capuano, Christopher Okada from Okada & Company, and Ryan Adhami from Schuckman Realty. Their involvement emphasizes their commitment with statements like "EAT SLEEP LEASE EAT SLEEP SELL" and "ALWAYS BE CLOSING!" which reflect their determination in securing the lease.

Players

Christopher Okada

Okada & Company

Broker

$352.8M

vol

85 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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93