SMA Equities Leases Retail Space At 250 Broome Street To TWIG'M For $220/ft
250 Broome Street
$220
$220/SF
Building Size
700 SF
Asset Type
Retail
Closing
Feb 6, 2026
AI
The property asset involved in this transaction is a retail space located at 250 Broome Street in the Lower East Side market. The lease type is a Single Net Lease, with an asking rent of $220 per square foot and a total area of 700 square feet.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $220/ft
- Lease Type: Single Net Lease
- Landlord: Samy Jaan - SMA Equities
- Tenant: TWIG'M
- Brokers: Noam Aziz, Carson Shahrabani & Max Freudenberger - Meridian Capital Group
This transaction was facilitated by the brokerage team from Meridian Capital Group, represented by Noam Aziz, Carson Shahrabani, and Max Freudenberger. The lease underscores the continued demand for retail spaces in key markets such as the Lower East Side.
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
72104.55%
Cash-on-Cash
-20607.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93