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20 Christopher Street

Updated May 12, 2025

Lionel Nazarian Leases Mixed Use Space To Fonty's In West Village For $300/ft
LEASEDMultiFamily

Lionel Nazarian Leases Mixed Use Space To Fonty's In West Village For $300/ft

20 Christopher Street

Building Size

700 SF

Asset Type

MultiFamily

Closing

Mar 6, 2025

About this deal

AI

The property asset involved in this transaction is a mixed-use building located at 20 Christopher Street in the West Village. The lease type is a modified gross lease with an asking rent of $300 per square foot for a total size of 700 square feet.

Summary of transaction details:

This transaction was facilitated by brokers Greg Goldberg, Jake Herskowitz, Ben Biberaj, and Sam Tucker, representing the landlord and tenant, indicating a collaborative effort between Meridian Capital Group and the parties involved in this leasing agreement.

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Players

Greg Goldberg

Meridian Capital Group

Broker

$4.3M

vol

72 deals

Broker

Lionel Nazarian

Landlord

$33.3M

vol

6 deals

Landlord
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

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Deal FAQ

About $300 per square foot for 700 square feet (2025).

Visit Ben Biberaj to view all their deals.

Browse New York multifamily leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

52876.67%

Cash-on-Cash

-15112.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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