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373 Broome Street

Pardon My French Leases 1,000 SF Retail Space At 373 Broome Street For $225/ft
LEASEDRetail

Pardon My French Leases 1,000 SF Retail Space At 373 Broome Street For $225/ft

373 Broome Street

$225

$225/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Apr 20, 2026

AI

The retail asset located at 373 Broome Street in Little Italy encompasses a total area of 1,000 square feet and features a Single Net Lease structure with an asking rent of $225 per square foot.

Summary of transaction details:

The deal was facilitated by brokers Noam Aziz and Max Freudenberger, who represent Meridian Capital Group in this transaction, highlighting their role in connecting the landlord and tenant in this retail lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

232 deals

Broker
Jeff Sutton

Jeff Sutton

Wharton Properties

Landlord

$5.5B

vol

56 deals

Landlord
Wharton Properties
Wharton PropertiesLandlord

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

70502.22%

Cash-on-Cash

-20149.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93