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9 Barclay Street

Avi Schron Of Cammebys Leases Retail Space To Goody For 15 Years At Woolworth Building
LEASEDRetail

Avi Schron Of Cammebys Leases Retail Space To Goody For 15 Years At Woolworth Building

9 Barclay Street

Building Size

5,000 SF

Asset Type

Retail

Closing

May 28, 2025

AI

The property asset involved is located at 9 Barclay Street in the Lower Manhattan market. This retail space encompasses 5,000 square feet and is situated on the ground floor of the Woolworth Building, which was previously occupied by Wooly Public.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 9 Barclay Street
  • Market: Lower Manhattan
  • Landlord: Avi Schron - Cammebys
  • Tenant: Goody
  • Brokers: David Ofman & Brian Siegel - Lawrence Group

The deal consists of a 15-year lease signed by Goody's, a French-inspired restaurant. The landlords, represented by Avi Schron, have entered into this leasing agreement as part of their management of the Woolworth Building's commercial spaces.

Players

David Ofman

The Lawrence Group

Broker

2 deals

Broker
Cammeby’s International Group
Cammeby’s International GroupLandlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93