facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

477 Broadway

Natalie Gordon's Babylist Signs 10-Year Lease At 477 Broadway In SoHo Manhattan
LEASEDRetail

Natalie Gordon's Babylist Signs 10-Year Lease At 477 Broadway In SoHo Manhattan

477 Broadway

Building Size

20,000 SF

Asset Type

Retail

Closing

Mar 26, 2026

AI

The asset involved in this lease transaction is a retail space located at 477 Broadway in SoHo, Manhattan. The property comprises 20,000 square feet, serving as Babylist's entry point into the New York market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 477 Broadway
  • Market: SoHo, Manhattan
  • Landlord: 477 Realty LLC
  • Tenant: Natalie Gordon - Babylist
  • Landlord's Representative: Morris Dweck, Annie Squier & Paul Popkin - Lee & Associates
  • Tenant's Representative: Lydia Bell & Cole Stapleton - Tungsten Property
  • Lease Duration: 10 years

The deal featured key representatives from both the landlord and tenant sides, including Morris Dweck, Annie Squier, and Paul Popkin representing the landlord, while Lydia Bell and Cole Stapleton acted as agents for the tenant, Babylist. This collaboration facilitated the signing of the lease in March 2026.

Players

Morris Dweck

Kassin Sabbagh Realty

Broker

$382.3M

vol

32 deals

Broker
Babylist
BabylistTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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