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102 West 37th Street

Sentry Realty Leases Retail Space To Mary's Bagels At 102 West 37th Street
LEASEDRetail

Sentry Realty Leases Retail Space To Mary's Bagels At 102 West 37th Street

102 West 37th Street

$216

$216/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Nov 18, 2025

AI

The property asset involved in the transaction is a retail space located at 102 West 37th Street in Midtown. The asset has an asking rent of $216 per square foot, encompassing a total area of 1,000 square feet. The transaction is categorized as a retail lease.

Summary of transaction details:

The deal involves key individuals including brokers Freddy Souid, Jack Hamadani, Ike Bibi, and Joseph Fteha, who represented the parties in this retail lease transaction. The landlord is Sentry Realty, while the tenant is Mary's Bagels, marking significant involvement from these entities in the completion of the lease.

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

125 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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

73439.81%

Cash-on-Cash

-20989.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93