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Michael Rose Leases Retail ...

Updated Oct 23, 2026

Michael Rose Leases Retail Space To Gotham Bites On Broadway For $130 Per Ft
LEASED

Michael Rose Leases Retail Space To Gotham Bites On Broadway For $130 Per Ft

Building Size

—

Asset Type

—

Closing

Oct 13, 2026

About this deal

AI

The property asset involved in this transaction is a retail space located at 2748 Broadway in Manhattan. The asset has a lease term of 10 years under a modified gross lease and encompasses a total square footage of 1,200. The asking rent for the property is set at $130 per square foot.

Summary of transaction details:

This transaction involves key individuals such as landlord Michael Rose and tenant Gotham Bites, with Moshe Akiva and Ely Akiva representing the landlord through Momentum Realty Group and Joseph Zalta representing the tenant via Platinum Commercial.

Players

Moshe Akiva

Momentum Realty Group

Broker

$3.3M

vol

28 deals

Broker

Michael Rose

Landlord

3 deals

Landlord
GB
Gotham BitesTenant

Market 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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