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109 West 25th Street

Daniel Group Leases Retail Space At 109 West 25th Street To First Rounds On Me
LEASEDRetail

Daniel Group Leases Retail Space At 109 West 25th Street To First Rounds On Me

109 West 25th Street

$126

$126/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Mar 8, 2025

AI

The property involved in this lease transaction is a retail space located at 109 West 25th Street in Manhattan. The asset encompasses a total square footage of 2,500 and is leased at an asking rent of $126 per foot. The lease agreement is established under a Single Net Lease for a term of 5 years.

Summary of transaction details:

Elie Cohen, Yaron Cohen, and Daniel Cohen represent the landlord and tenant in this transaction through Leviathan Capital. Notably, the tenant, known as First Rounds on Me, is the first dating app to occupy a physical space, establishing a partnership with The Den NYC.

Players

Yaron Cohen

Leviathan Capital

Broker

12 deals

Broker
DG
Daniel 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

125896.83%

Cash-on-Cash

-35981.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93