Casa Factory Leases Retail Space From Gabriel & Co At 545 West 45th Street Manhattan
545 West 45th Street
$40
$40/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jan 31, 2026
AI
The asset involved in this transaction is a retail space located at 545 West 45th Street - Space C in Manhattan. The space measures 1,000 square feet and operates under a Single Net Lease. The asking rent for this property was set at $40 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $40/ft
- Square Footage: 1,000
- Address: 545 West 45th Street - Space C
- Market: Manhattan
- Landlord: Gabriel & Co
- Tenant: Casa Factory
- Landlord's Rep: Joaquin Carrillo & Bobby Ortense - Meridian Capital Group
- Tenant's Rep: Philip Lesbre - Way2Win
The transaction involved key representatives from both sides, including Joaquin Carrillo and Bobby Ortense from Meridian Capital Group representing Gabriel & Co, and Philip Lesbre from Way2Win who represented Casa Factory in the lease agreement.
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
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93