facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

654 Hudson Street

Lilly Silk Leases Retail Space At 654 Hudson Street In Meatpacking With Reps David Tricarico & Stephanie Pena
LEASEDRetail

Lilly Silk Leases Retail Space At 654 Hudson Street In Meatpacking With Reps David Tricarico & Stephanie Pena

654 Hudson Street

$165

$165/SF

Building Size

1,550 SF

Asset Type

Retail

Closing

Dec 6, 2023

AI

The lease of a retail space at 654 Hudson Street in the Meatpacking market has been finalized. The property is owned by Comjem Associates and the tenant is Lilly Silk. The deal was brokered by Jack Mishaan , Albert Manopla, and Jack Khaski of Kassin Sabbagh Realty, while David Tricarico and Stephanie Pena of Colliers International represented the tenant, Lilly Silk. The retail space, measuring 1,550 square feet, was leased at an asking rent of $165 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 654 Hudson Street
  • Market: Meatpacking
  • Landlord: Comjem Associates
  • Tenant: Lilly Silk
  • Brokers: Jack Mishaan, Albert Manopla, and Jack Khaski - Kassin Sabbagh Realty
  • Tenant's Rep: David Tricarico and Stephanie Pena - Colliers International
  • Asking Rent: $165/ft
  • SF: 1,550

The deal was successfully closed, bringing together the landlord, Comjem Associates, and the tenant, Lilly Silk. The agreement was facilitated by brokers Jack Mishaan, Albert Manopla, and Jack Khaski of Kassin Sabbagh Realty, who worked alongside Lilly Silk's representatives, David Tricarico and Stephanie Pena of Colliers International. The lease was signed for a retail space measuring 1,550 square feet on 654 Hudson Street in the Meatpacking market, with an asking rent of $165 per square foot.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
CA
Comjem AssociatesLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

96139.39%

Cash-on-Cash

-27476.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93