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41 Kenmare Street

Roy Evans Leases 1,100 SF Mixed-Use Space At 41 Kenmare Street To Frame
LEASEDMixed-use

Roy Evans Leases 1,100 SF Mixed-Use Space At 41 Kenmare Street To Frame

41 Kenmare Street

$190

$190/SF

Building Size

1,100 SF

Asset Type

Mixed-use

Closing

Jun 1, 2026

AI

The property asset involved in this transaction is a mixed-use space located at 41 Kenmare Street in the Nolita market. The lease type is a modified gross lease, with an asking rent of $190 per square foot for a total area of 1,100 square feet.

Summary of transaction details:

Titan Group represented both the landlord, Roy Evans, and the tenant, Frame, in this deal. Within just two months of marketing the retail opportunity, Titan Group generated over 10 offers and successfully completed the transaction.

Players

Adam Lavian

Titan Group New York

Broker

59 deals

Broker

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

83489.47%

Cash-on-Cash

-23861.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93