CorePower Yoga Leases 3,100 Square Feet At Naftali Group’s The Willow In Gramercy
201 East 23rd Street
Building Size
3,100 SF
Asset Type
Retail
Closing
Sep 15, 2026
About this deal
AI
The asset involved in this transaction is a retail space located at 201 East 23rd Street in the Gramercy market of Manhattan. The facility comprises approximately 3,100 square feet and is part of Naftali Group’s 19-story luxury residential project known as The Willow.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Terms: 10 years
- Landlord: Miki Naftali - Naftali Group
- Tenant: CorePower Yoga
- Broker: Stephen Sjurset - CBRE
Representing the landlord in this lease transaction, Miki Naftali is the principal of Naftali Group. Stephen Sjurset from CBRE acted as the broker, facilitating the agreement between the landlord and tenant, CorePower Yoga.
Players
Brooklyn 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