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
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