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117 West 58th Street

Updated Aug 25, 2026

Bukhara Grill Leases Retail Space At 117 West 58th Street For $137 Per Square Foot
LEASEDRetail

Bukhara Grill Leases Retail Space At 117 West 58th Street For $137 Per Square Foot

117 West 58th Street

$137

$137/SF

Building Size

3,500 SF

Asset Type

Retail

Closing

Aug 11, 2026

About this deal

AI

The property at 117 West 58th Street is located in the Midtown West market and has an asset type classified as retail. The asking rent for this property is set at $137 per square foot, with a total of 3,500 square feet available for lease.

Summary of transaction details:

This transaction involved key representatives from the leasing entities. The landlord was represented by Ike Bibi, Solomon Tbeile, and David Green from KSR, while Emilian Derguti from Capstone Properties NY represented the tenant, Bukhara Grill. The lease arrangement signifies a strategic pairing between a prominent dining establishment and a retail location within the bustling Midtown West area.

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

126 deals

Broker

Robert Kalimian

Black Diamond Equity Management

Landlord

2 deals

Landlord
Bukhara Grill
Bukhara GrillTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $137 per square foot on a published $137 for 3,500 square feet (2026).

Visit Ike Bibi to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

115788.32%

Cash-on-Cash

-33092.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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