facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

9 West 57th Street

Soloviev Group Leases 21,000 SF Retail Space At 9 West 57th Street Manhattan
LEASEDOffice

Soloviev Group Leases 21,000 SF Retail Space At 9 West 57th Street Manhattan

9 West 57th Street

Building Size

21,000 SF

Asset Type

Office

Closing

May 12, 2026

AI

The property asset involved in this transaction is an office space located at 9 West 57th Street in Manhattan. The total square footage of the space is 21,000, and the lease type is specifically categorized as a retail lease. The landlord for this space is Soloviev Group, with the tenant yet to be announced.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 9 West 57th Street
  • Market: Manhattan
  • Asset Type: Office
  • Square Footage: 21,000
  • Landlord: Soloviev Group
  • Tenant: To Be Announced
  • Brokers: Danny Volk, Kayla Terzi & Marc Johnson - Vantage Real Estate Advisors
  • Lease Type: Retail Lease
  • Note from Broker: This is an F&B lease for the lower-level of the building (9W57).

The deal features negotiations between the Soloviev Group, representing the landlord, and the yet-to-be-announced tenant. The brokers involved, Danny Volk, Kayla Terzi, and Marc Johnson, are affiliated with Vantage Real Estate Advisors, providing their expertise to facilitate the agreement.

Players

Danny Volk

Vantage Real Estate Advisors

Broker

$9.2M

vol

13 deals

Broker
SG
Soloviev GroupLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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