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106 Avenue B

David Koptiev Leases Retail Space To Shinzo Sushi At 106 Avenue B In East Village
LEASEDRetail

David Koptiev Leases Retail Space To Shinzo Sushi At 106 Avenue B In East Village

106 Avenue B

$112

$112/SF

Building Size

800 SF

Asset Type

Retail

Closing

Aug 1, 2025

AI

The property asset involved is a retail space located at 106 Avenue B - North Store in the East Village, Manhattan. The asking rent for the space is $112 per square foot, with a total square footage of 800. The lease type for this property is a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $112/ft
  • Square Footage: 800
  • Address: 106 Avenue B - North Store
  • Market: East Village, Manhattan
  • Landlord: David Koptiev
  • Tenant: Shinzo Sushi
  • Landlord's Representative: James Famularo & Jacob Mayer - Meridian Capital Group

The transaction involves key individuals such as landlord David Koptiev and tenants Shinzo Sushi, with representation provided by brokers James Famularo and Jacob Mayer from Meridian Capital Group, ensuring that both sides are effectively represented in this lease agreement.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

362 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

David Koptiev

Landlord

$44.9M

vol

10 deals

Landlord

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

141633.93%

Cash-on-Cash

-40479.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93