James Veloria Clothing Takes Retail Lease At 24 Henry Street With Landlord Carolyn Sha
24 Henry Street
$90
$90/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Feb 11, 2026
AI
The property involved in this transaction is a retail space located at 24 Henry Street in the Lower East Side market. The property features an asking rent of $90 per square foot and has a total square footage of 1,500. The lease type is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Lease Type: Single Net Lease
- Landlord: Carolyn Sha
- Tenant: James Veloria Clothing
- Date: 2/11/2026
- Brokers: John Roesch, Jessica Blocker & Griffin Hanes - Meridian Capital Group
The transaction involves key individuals including the landlord, Carolyn Sha, and tenant, James Veloria Clothing. The brokers representing the transaction are John Roesch, Jessica Blocker, and Griffin Hanes from Meridian Capital Group, facilitating the lease agreement.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93