LEASEDRetail
Vilebrequin Signs Retail Lease At 151 Prince Street In SoHo For $1,000 Per Ft
151 Prince Street
$540
$540/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Feb 12, 2026
AI
The retail asset located at 151 Prince Street in the SoHo market consists of a total area of 580 square feet. It has been leased for a rate of $1,000 per square foot. The landlord for this property is BLDG Management, and the tenant is Vilebrequin.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $580,000
- Address: 151 Prince Street
- Market: SoHo
- Landlord: BLDG Management
- Tenant: Vilebrequin
- Brokers: Sammy Levy, Albert Manopla & Marc Sitt - KSR
- Asking Rent: $1,000/ft
- Lease Type: Retail Lease
The transaction involved key brokers Sammy Levy, Albert Manopla, and Marc Sitt representing the parties in this lease agreement. Their roles facilitated the negotiation process between the landlord and tenant, ensuring a successful transaction.
Players
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
29375.93%
Cash-on-Cash
-8395.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93