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100 5th Avenue

Pura Vida Miami Leases 7,500 SF Retail Space At 100 Fifth Avenue In Flatiron District
LEASEDRetail

Pura Vida Miami Leases 7,500 SF Retail Space At 100 Fifth Avenue In Flatiron District

100 5th Avenue

$10,000

$10,000/SF

Building Size

7,500 SF

Asset Type

Retail

Closing

Oct 8, 2025

AI

The property involved in this transaction is located at 100 Fifth Avenue in the Flatiron District. This retail asset spans 7,500 square feet and is situated in a vibrant market known for its diverse offerings and foot traffic.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 100 Fifth Avenue
  • Market: Flatiron District
  • Square Footage: 7,500
  • Tenant: Pura Vida Miami
  • Tenant's Broker: Brandon Berger - KSR
  • Landlord's Brokers: Ross Berkowitz & Gary Alterman - Newmark
  • Date of Transaction: 10/9/2025

Pura Vida Miami, represented by Omer Horev, Jen Horev, and Rob Marona, is set to open its flagship location in New York City with this lease. This marks Pura Vida's eighth establishment in the city, reflecting its commitment to sharing a unique culinary experience rooted in healthy cuisine and a community-focused atmosphere.

Players

Ross Berkowitz

Newmark

Broker

21 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage
Newmark
NewmarkBrokerage
Omer Horev

Omer Horev

Pura Vida Miami

Tenant

7 deals

Tenant
Pura Vida Miami
Pura Vida MiamiTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1586.30%

Cash-on-Cash

-453.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93