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55 Spring Street

Suka Sushi Leases Retail Space At 55 Spring Street In Manhattan For $264 Per Foot
LEASEDRetail

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

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

360 deals

Broker
BR
Bruman RealtyLandlord

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