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26 Mercer Street

Jack Laboz Leases Retail Space To Skin Design Tattoo Soho At 26 Mercer Street In SoHo
LEASEDRetail

Jack Laboz Leases Retail Space To Skin Design Tattoo Soho At 26 Mercer Street In SoHo

26 Mercer Street

$384,000

$384,000/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Jun 8, 2025

AI

The property asset involved in this transaction is a retail space located at 26 Mercer Street in the SoHo market of Manhattan. The lease term is set for 5 years under a modified gross lease, with an asking rent of $192 per square foot for a total area of 2,000 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $192/ft
  • Lease Term: 5 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Jack Laboz
  • Tenant: Skin Design Tattoo Soho
  • Broker: Joe Robinson - Voro Real Estate

This transaction highlights the involvement of key individuals, including Jack Laboz as the landlord and Joe Robinson from Voro Real Estate representing the deal. The tenant for this property is Skin Design Tattoo Soho.

Players

Joe Robinson

Voro Real Estate

Broker

3 deals

Broker
Voro Real Estate
Voro Real EstateBrokerage
Jack Laboz

Jack Laboz

Landlord

4 deals

Landlord

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

41.31%

Cash-on-Cash

-11.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93