Casa Factory Leases Retail Space From Gabriel & Co At 545 West 45th Street Manhattan
545 West 45th Street
Building Size
1,000 SF
Asset Type
Retail
Closing
Jan 31, 2026
About this deal
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.
On the Map
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
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93