Yolanda Sawisny Leases Retail Space To Reginas At 111 1st Avenue For $150/ft
111 1st Avenue
$150
$150/SF
Building Size
400 SF
Asset Type
Retail
Closing
Mar 31, 2026
AI
The asset involved in the transaction is a retail space located at 111 1st Avenue in the East Village. The property features an asking rent of $150 per square foot and has a total square footage of 400. The lease type for this transaction is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Address: 111 1st Avenue
- Market: East Village
- Total Square Feet: 400
- Lease Type: Single Net Lease
- Landlord: Yolanda Sawisny
- Tenant: Reginas
- Landlord's Representative: Joaquin Carrillo & Aaron Harounian - Meridian Capital Group
- Tenant's Representative: Stephen Ligambi - Meridian Capital Group
This transaction involves key representatives from Meridian Capital Group, with Joaquin Carrillo and Aaron Harounian representing the landlord Yolanda Sawisny, while Stephen Ligambi represents the tenant Reginas. All parties are instrumental in the completion of this lease agreement.
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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93