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200 Bowery

Clientele Signs Lease For Retail Space At 200 Bowery With Long Kai Enterprises
LEASEDRetail

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

Andrew Stern

Newmark

Broker

$5.4M

vol

76 deals

Broker

Judy Chan

Long Kai Enterprises

Landlord

1 deal

Landlord
C
ClienteleTenant

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

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93