Clientele Signs Lease For Retail Space At 200 Bowery With Long Kai Enterprises
200 Bowery
$120
$120/SF
Building Size
2,700 SF
Asset Type
Retail
Closing
Mar 22, 2026
AI
The property asset involved in the transaction is a retail space located at 200 Bowery in the Nolita market of Manhattan. The asking rent for this modified gross lease is $120 per square foot, covering a total area of 2,700 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Square Footage: 2,700
- Address: 200 Bowery
- Market: Nolita, Manhattan
- Landlord: Long Kai Enterprises - Judy Chan
- Tenant: Clientele
- Landlord's Representative: Andrew Stern & Ravi Idnani - Newmark
- Tenant's Representative: Ian Lerner & Edward Nelson - Cushman & Wakefield
- Lease Type: Modified Gross Lease
The key individuals and companies involved in this lease transaction include Judy Chan, representing Long Kai Enterprises as the landlord, and Clientele as the tenant. The landlord is represented by Andrew Stern and Ravi Idnani from Newmark, while Ian Lerner and Edward Nelson from Cushman & Wakefield represent the tenant.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93