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416 West Broadway

Seiko WATCH Signs Lease At 416 West Broadway Retail Space In Soho Manhattan With Landlord Ben Chuang
LEASEDRetail

Seiko WATCH Signs Lease At 416 West Broadway Retail Space In Soho Manhattan With Landlord Ben Chuang

416 West Broadway

$234

$234/SF

Building Size

2,483 SF

Asset Type

Retail

Closing

Jan 14, 2026

AI

The property asset involved in this transaction is a retail space located at 416 West Broadway in Soho, Manhattan. The lease type is a Single Net Lease with an asking rent of $234 per square foot, encompassing a total square footage of 2,483. The landlord of the property is Ben Chuang.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $234/ft
  • Square Footage: 2,483
  • Address: 416 West Broadway
  • Market: Soho, Manhattan
  • Landlord: Ben Chuang
  • Tenant: Seiko WATCH
  • Lease Type: Single Net Lease
  • Brokers: Noam Aziz, Carson Shahrabani & Josh Vilinsky - Meridian Capital Group

This lease transaction features the involvement of Noam Aziz, Carson Shahrabani, and Josh Vilinsky, representing the landlord and tenant. The brokers from Meridian Capital Group played a key role in facilitating the deal between Ben Chuang and Seiko WATCH.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

232 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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

67790.60%

Cash-on-Cash

-19374.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93