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Antonio Marras Leases Retail Space At 121 Wooster Street In Soho From Schur Management Co

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LEASED
$270

New York

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Retail7,751 SF
Leased
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Property Image
LEASED

Antonio Marras Leases Retail Space At 121 Wooster Street In Soho From Schur Management Co

121 Wooster Street

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Retail7,751 SF
Leased
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$270
Total Square Footage:7751 SF
Transaction Type:Lease

The retail lease involves a prestigious location at 121 Wooster Street in SoHo, Manhattan. The total square footage for the lease is 7,751 square feet, with an asking rent of $270 per square foot. The property is being leased by luxury fashion brand Antonio Marras, which is part of the Oniverse Group and will be opening its first flagship location in the United States.

Summary of transaction details:

The deal features notable representatives from both sides, with Michael Glanzberg and Teddy Srour representing Schur Management Co. from Sinvin Real Estate, while Michael Paster and Jason Stein are representing tenant Antonio Marras from Newmark. This represents a significant expansion for the fashion brand, given its existing presence in Italy.

Players

Michael Paster
16 deals(212) 351-9345
BROKER

Michael Glanzberg
Sinvin Real Estate
7 deals$25.8M volume
BROKER


Sinvin Real Estate
BROKERAGE

Details

LEASED
IMAGE: Teddy Srour, Michael Glanzberg, Michael Paster & Jason Stein DATE: 04/02/2025 ADDRESS: 121 Wooster Street MARKET: Soho, Manhattan ASSET TYPE: Retail LANDLORD: Schur Management Co. TENANT: Antonio Marras LANDLORD'S REP: Michael Glanzberg & Teddy Srour - Sinvin Real Estate (@SinvinRealEstate) TENANT'S REP: Michael Paster (@M_Paster) & Jason Stein - Newmark (@Newmark) ASKING RENT: $270/ft ~ SF: 7,751 LEASE TYPE: Retail Lease NOTE FROM BROKER: Luxury fashion brand Antonio Marras is set to open a flagship location in SoHo. Part of the Oniverse Group, the brand has several stores throughout Italy and this will be the first in the United States.

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Deal Type
Effective Rent (Annual)

$2,399,126.27

Total Lease Value

$23,991,262.71

Net Landlord Cash Flow$2,399,126.27