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106 Greenwich Street

The Torkian Group Leases Retail Space To Greenwich Market At 106 Greenwich Street
LEASEDRetail

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:

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

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
TG
The Torkian GroupLandlord

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