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
About this deal
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.
On the Map
$250
$250/SF
Retail
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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
63452.00%
Cash-on-Cash
-18134.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93