Anne Klein Signs Retail Lease At 542 Broadway In SoHo, Manhattan
542 Broadway
$258
$258/SF
Building Size
1,625 SF
Asset Type
Retail
Closing
Nov 17, 2023
About this deal
AI
The retail property located at 542 Broadway in SoHo, Manhattan has been leased. The lease transaction was completed on 11/17/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 542 Broadway
- Market: SoHo, Manhattan
- Square Footage: 1,625 sq ft
The landlord, Bastien Broda, successfully leased the property to Anne Klein. The lease was facilitated by Caleb Petersen of Newmark on behalf of the landlord, and George Skaliarinis and Solomon Tbeile of Kassin Sabbagh Realty represented the tenant, Anne Klein.
On the Map
$258
$258/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
61484.50%
Cash-on-Cash
-17572.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93