The Torkian Group Leases Retail Space To Greenwich Market At 106 Greenwich Street
106 Greenwich Street
$125
$125/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Feb 4, 2026
AI
The asset involved in this transaction is a retail property located at 106 Greenwich Street within the Greenwich Market. The property has an asking rent of $125 per square foot and encompasses an area of 1,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $125/ft
- Square Footage: 1,000 SF
- Address: 106 Greenwich Street
- Market: Greenwich Market
- Landlord: The Torkian Group
- Tenant: Greenwich Market
- Brokers: David Sabbagh, Albert Manopla, Marc Sitt & Sophia Gaines - KSR
- Lease Type: Retail Lease
Key individuals involved in the deal include brokers David Sabbagh, Albert Manopla, Marc Sitt, and Sophia Gaines, representing KSR. They played a crucial role in facilitating the agreement between The Torkian Group and Greenwich Market.
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
126904.00%
Cash-on-Cash
-36269.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93