SWA Architecture Secures Lease At 333 West 39th Street New York For $40 Per Foot
333 West 39th Street
$40
$40/SF
Building Size
2,250 SF
Asset Type
Retail
Closing
Jul 22, 2026
AI
The asset involved in this transaction is a retail property located at 333 West 39th Street, in the New York market. The property encompasses a total square footage of 2,250 and is associated with a single net lease. The asking rent for the property is set at $40 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $40/ft
- Square Footage: 2,250
- Address: 333 West 39th Street
- Market: New York
- Landlord: Hudson Point Associates
- Tenant: SWA Architecture
- Landlord's Representative: Neil Joffee - GFP Real Estate
- Tenant's Representative: Elliot Wygoda - Meridian Capital Group
- Lease Type: Single Net Lease
Key individuals involved in the transaction include Neil Joffee representing the landlord Hudson Point Associates and Elliot Wygoda representing the tenant SWA Architecture. Both representatives are associated with their respective firms, GFP Real Estate and Meridian Capital Group, highlighting their roles in 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
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93