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535 Hudson Street

Updated Oct 29, 2024

Sophia's Bagel Signs Lease For Retail Space At 535 Hudson Street In West Village
LEASEDRetail

Sophia's Bagel Signs Lease For Retail Space At 535 Hudson Street In West Village

535 Hudson Street

$150

$150/SF

Building Size

1,050 SF

Asset Type

Retail

Closing

Apr 20, 2023

About this deal

AI

The retail property located at 535 Hudson Street in the West Village has been leased. The property, measuring 1,050 square feet, was leased by Sophia's Bagel. The landlord, Icon Realty Management, facilitated the lease transaction. The asking rent for the space was $150 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Tenant: Sophia's Bagel
  • Landlord: Icon Realty Management
  • Address: 535 Hudson Street
  • Market: West Village
  • Asking Rent: $150/ft
  • Square Footage: 1,050
  • Broker: Jack Hamadani - KSR

Jack Hamadani of KSR represented Sophia's Bagel in the lease transaction.

Players

Jack Hamadani

Kassin Sabbagh Realty

Broker

50 deals

Broker
Icon Realty Management
Icon Realty ManagementLandlord

Market Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $150 per square foot on a published $150 for 1,050 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

105753.33%

Cash-on-Cash

-30224.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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