Golden Bar Corp Leases Retail Space At 199 Lafayette Street In SoHo, Manhattan
199 Lafayette Street
$200
$200/SF
Building Size
900 SF
Asset Type
Retail
Closing
Oct 24, 2023
About this deal
AI
The retail property located at 199 Lafayette Street in SoHo, Manhattan has recently been leased. The property is owned by and the tenant is Golden Bar Corp. The lease transaction was facilitated by Garrett Kelly of Meridian Capital Group. The property consists of 900 square feet and has an asking rent of $200 per square foot. The lease term is for 5 years.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 199 Lafayette Street, SoHo, Manhattan
- Market: SoHo, Manhattan
- Landlord:
- Tenant: Golden Bar Corp
- Broker: Garrett Kelly - Meridian Capital Group
- Asking Rent: $200 per square foot
- Lease Term: 5 Years
Garrett Kelly of Meridian Capital Group played a key role in bringing together the landlord, , and the tenant, Golden Bar Corp, for this lease transaction. Through his expertise and negotiation skills, he successfully facilitated the leasing of this retail space for a term of 5 years at an asking rent of $200 per square foot.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Garrett Kelly to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93