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422 West Broadway

Paul Tusa Leases Retail Space To Fiasconaro And Dolce & Gabbana In SoHo For $250/ft
LEASEDRetail

Paul Tusa Leases Retail Space To Fiasconaro And Dolce & Gabbana In SoHo For $250/ft

422 West Broadway

$250

$250/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Oct 15, 2025

AI

The retail asset located at 422 West Broadway in SoHo, Manhattan encompasses a total square footage of 1,500 and is leased under a Single Net Lease with an asking rent of $250 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $250/ft
  • Address: 422 West Broadway
  • Market: SoHo, Manhattan
  • Landlord: Paul Tusa
  • Tenant: Fiasconaro, Dolce & Gabbana
  • Brokers: James Famularo & Jordan Langer - Meridian Capital Group
  • Lease Type: Single Net Lease
  • Square Footage: 1,500

James Famularo and Jordan Langer from Meridian Capital Group represented the landlord, Paul Tusa, in this lease transaction for the retail space, which is now occupied by the tenant brands Fiasconaro and Dolce & Gabbana.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

362 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

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93