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545 West 45th Street

Casa Factory Leases Retail Space From Gabriel & Co At 545 West 45th Street Manhattan
LEASEDRetail

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

Bobby Ortense

Meridian Capital Group

Broker

70 deals

Broker
GC
Gabriel & CoLandlord
CF
Casa FactoryTenant

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