H.wood Group Signs 15-Year Lease For 10,000 Square Feet At 351 West 14th Street
351 West 14th Street
Building Size
10,000 SF
Asset Type
Retail
Closing
Apr 21, 2026
About this deal
AI
A retail asset located at 351 West 14th Street in Manhattan's Meatpacking District has been leased. The property encompasses approximately 10,000 square feet, and it will house the Lady Delilah supper club, marking its first location in New York City.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Lease Term: 15 years
- Landlord: Tavros
- Tenant: Brian Toll & John Terzian - The H.wood Group
The lease agreement involves Brian Toll and John Terzian representing The H.wood Group, which has secured the lease for a significant dining establishment in a prime urban location.
On the Map
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Deal FAQ
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