Kiko NYC Leases Retail Space At 307 Spring Street In Hudson Square, Manhattan
307 Spring Street
$129
$129/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Oct 2, 2023
About this deal
AI
The property involved in this lease transaction is a retail space located at 307 Spring Street in Hudson Square, Manhattan. The space spans approximately 2,500 square feet and is owned by D & D Realty Company, led by Dominick D'Alleva. The tenant for this space is Kiko NYC.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $129.60 per square foot
- Square Footage: 2,500
- Address: 307 Spring Street
- Market: Hudson Square, Manhattan
Representing the landlord, Dominick D'Alleva's D & D Realty Company, is James Famularo from Meridian Capital Group. On the tenant's side, Kiko NYC is represented by Spencer Levy from CBRE.
On the Map
$129
$129/SF
Retail
View full map
Players
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
122968.99%
Cash-on-Cash
-35144.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93