Suka Sushi Leases Retail Space At 55 Spring Street In Manhattan For $264 Per Foot
55 Spring Street
$264
$264/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Apr 21, 2026
AI
The property asset involved in the transaction is located at 55 Spring Street, Manhattan. It features a retail space with an approximate square footage of 1,000. The asking rent for the property was set at $264 per square foot. The lease type established is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $264/ft
- Lease Type: Single Net Lease
- Landlord: Bruman Realty
- Tenant: Suka Sushi
- Brokers: James Famularo & Jordan Langer - Meridian Capital Group
- Date: 4/22/2026
James Famularo and Jordan Langer represented the parties in this transaction, showcasing their role through Meridian Capital Group. They facilitated the leasing agreement between Bruman Realty and Suka Sushi.
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
60087.12%
Cash-on-Cash
-17173.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93