Lavi Cleaners Signs 10 Year Lease At 1746 2nd Avenue In Yorkville For $135 Per Foot
1746 2nd Avenue
$135
$135/SF
Building Size
1,000 SF
Asset Type
Mixed-use
Closing
Jul 31, 2026
AI
The property asset involved in this transaction is a mixed-use space located at 1746 2nd Avenue in Yorkville, Manhattan. It has a total square footage of 1,000 and the asking rent is set at $135 per square foot. The lease term for this property is 10 years, structured as a modified gross lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $135/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Anthanasios Raftopoulos
- Tenant: Lavi Cleaners
- Broker: Joshua Azizian - Tahari Realty
The key individuals involved in this transaction include Anthanasios Raftopoulos, who represents the landlord, and Lavi Cleaners, the tenant. Joshua Azizian, representing the broker from Tahari Realty, facilitated the lease agreement for this property, contributing to the successful execution of the deal.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
117503.70%
Cash-on-Cash
-33582.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93