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237 239 Eldridge Street

SWABY Leases Retail Space At 237-239 Eldridge Street In Lower East Side With Tahari Realty
LEASEDRetail

SWABY Leases Retail Space At 237-239 Eldridge Street In Lower East Side With Tahari Realty

237 239 Eldridge Street

$130

$130/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Feb 10, 2026

AI

The property asset involved in the transaction is a retail space located at 237-239 Eldridge Street in the Lower East Side. The asking rent for this space is set at $130 per square foot, with a total area of 1,000 square feet. The lease type is a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $130/ft
  • Address: 237-239 Eldridge Street
  • Market: Lower East Side
  • Landlord: HDFC Co-op - James Maistre
  • Tenant: SWABY
  • Brokers: Jack Sash Basora & Joshua Azizian - Tahari Realty

The key individuals in this transaction include Jack Sash Basora and Joshua Azizian from Tahari Realty, who represented the landlord, HDFC Co-op. They successfully secured SWABY, an emerging fashion brand, for the ground-floor retail space, reflecting the commitment of Tahari Realty to provide creative leasing solutions that activate vacant storefronts with strong retail concepts.

Players

Jack Sash Basora

Tahari Realty

Broker

$17M

vol

24 deals

Broker

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

122023.08%

Cash-on-Cash

-34874.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93