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282 Third Ave.

Updated Nov 29, 2024

Buana Mia Pizza Leases Retail Space At 282 Third Ave. In New York, NY
LEASED

Buana Mia Pizza Leases Retail Space At 282 Third Ave. In New York, NY

282 Third Ave.

Building Size

Asset Type

Closing

Sep 6, 2022

About this deal

AI

The retail property located at 282 Third Ave in New York, NY has been leased. The property, spanning 1,700 square feet, was leased by Buana Mia Pizza. The landlord, Peak Capital, was represented by Ben Biberaj from Meridian Retail Leasing, while Shelton Franklin from Blair Partners represented the tenant. The asking rent for the space was $140 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Tenant: Buana Mia Pizza
  • Landlord: Peak Capital
  • Landlord's Rep: Ben Biberaj - Meridian Retail Leasing
  • Tenant's Rep: Shelton Franklin - Blair Partners
  • Asking Rent: $140/ft
  • SF: 1,700

In this lease transaction, Buana Mia Pizza will occupy the retail space at 282 Third Ave. Peak Capital, the landlord, enlisted the representation of Ben Biberaj from Meridian Retail Leasing, while Shelton Franklin from Blair Partners acted as the tenant's representative. The lease agreement entailed an asking rent of $140 per square foot for the 1,700 square feet of retail space.

Players

Peak Capital Advisors
Peak Capital AdvisorsLandlord

Milford CRE Market Snapshot

Boundary boundary · CRE · 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

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