facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

307 Spring St,SoHo

Updated Oct 29, 2024

Coco Pazzo Leases Retail Space At 307 Spring Street In SoHo
LEASEDRetail

Coco Pazzo Leases Retail Space At 307 Spring Street In SoHo

307 Spring St,SoHo

Building Size

2,500 SF

Asset Type

Retail

Closing

Sep 17, 2020

About this deal

AI

Located in the bustling neighborhood of SoHo, this retail property at 307 Spring Street has recently been leased. The deal was finalized on September 18, 2020, with Coco Pazzo securing the lease. The property, offered by D&D Realty Company, was represented by James Famularo from @Meridian.Capital.Group. Spanning across 2,500 square feet, the retail space was leased at a rate of $120 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 09/18/2020
  • Address: 307 Spring Street
  • Market: SoHo
  • Tenant: Coco Pazzo
  • Landlord: D&D Realty Company
  • Broker: James Famularo - @Meridian.Capital.Group
  • Asking Rent: $120 per square foot
  • Total Square Footage: 2,500

This lease deal showcases the collaboration between Coco Pazzo and D&D Realty Company, facilitated by James Famularo from @Meridian.Capital.Group. The vibrant neighborhood of SoHo adds to the allure of this retail space, making it an ideal location for Coco Pazzo's business.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

376 deals

Broker
DC
D&D Realty CompanyLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

Visit James Famularo to view all their deals.

Browse New York retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets