The Laundry Room Leases Retail Space At 180 Water Street From Sentry Realty For $175/ft
180 Water Street
$175
$175/SF
Building Size
1,140 SF
Asset Type
Retail
Closing
Jul 15, 2026
About this deal
AI
This lease transaction involves a retail asset located at 180 Water Street in the Financial District (FiDi) market. The property has an asking rent of $175 per square foot and encompasses a total area of 1,140 square feet.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $175/ft
- Address: 180 Water Street
- Market: FiDi
- Landlord: Sentry Realty
- Tenant: The Laundry Room
- Landlord's Representative: Freddy Souid, Jack Hamadani & Ike Bibi - KSR
- Tenant's Representative: Ravi Idnani - Newmark
In this transaction, the involvement of Sentry Realty as the landlord and The Laundry Room as the tenant is notable. The landlord is represented by brokers Freddy Souid, Jack Hamadani, and Ike Bibi from KSR, while the tenant is represented by Ravi Idnani from Newmark.
On the Map
$175
$175/SF
Retail
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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
90645.71%
Cash-on-Cash
-25906.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93