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133 Norfolk Street

Jerry Atkins Leases Retail Space To Double Summon At 133 Norfolk Street In Lower East Side
LEASEDRetail

Jerry Atkins Leases Retail Space To Double Summon At 133 Norfolk Street In Lower East Side

133 Norfolk Street

$100

$100/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Jan 31, 2026

AI

The retail asset located at 133 Norfolk Street in the Lower East Side has a modified gross lease type. The lease is for a total of 1,500 square feet, with an asking rent of $100 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $150,000
  • Address: 133 Norfolk Street
  • Market: Lower East Side
  • Landlord: Jerry Atkins
  • Tenant: Double Summon
  • Landlord's Representative: Jon Kamali, Jeremy Kamali & Justin Kamali - J3K Real Estate
  • Tenant's Representative: Noah Jay - Compass

The transaction involved key representatives from both sides. The landlord was represented by Jon Kamali, Jeremy Kamali, and Justin Kamali of J3K Real Estate, while the tenant was represented by Noah Jay of Compass, facilitating the lease agreement.

Players

Jon Kamali

J3K Real Estate

Broker

$139.3M

vol

31 deals

Broker
Jerry Atkins

Jerry Atkins

Landlord

$28.6M

vol

8 deals

Landlord

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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93