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105 Rivington Street

In Vintage We Trust Signs 10-Year Lease At 105 Rivington Street With Landlord Thomas Battaglia
LEASEDRetail

In Vintage We Trust Signs 10-Year Lease At 105 Rivington Street With Landlord Thomas Battaglia

105 Rivington Street

$80

$80/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Aug 31, 2025

AI

The asset involved in the transaction is a retail property located at 105 Rivington Street in the Lower East Side. It has an asking rent of $80 per square foot for a total of 2,000 square feet. The lease term is set for 10 years, and it is structured as a modified gross lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $80/ft
  • Address: 105 Rivington Street
  • Market: Lower East Side
  • Landlord: Thomas Battaglia
  • Tenant: In Vintage We Trust
  • Landlord's Representative: Jeremy Kamali, Jon Kamali & Justin Kamali - J3K Real Estate
  • Tenant's Representative: Benjamin Namdar & Cory Mais - KSR
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Square Footage: 2,000

In Vintage We Trust is relocating from Canada to establish their flagship NYC location at the specified address. Jeremy Kamali, Jon Kamali, and Justin Kamali represent the landlord in this transaction, while Benjamin Namdar and Cory Mais represent the tenant.

Players

Jon Kamali

J3K Real Estate

Broker

$139.3M

vol

31 deals

Broker
J3K Real Estate
J3K Real EstateBrokerage

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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93