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137 7th Avenue South

Polymarket Leases Retail Space At 137 7th Avenue South In Manhattan Under NNN Lease
LEASEDRetail

Polymarket Leases Retail Space At 137 7th Avenue South In Manhattan Under NNN Lease

137 7th Avenue South

$264

$264/SF

Building Size

3,000 SF

Asset Type

Retail

Closing

Jan 2, 2026

AI

The property asset involved in this transaction is located at 137 7th Avenue South in Manhattan. It is a retail space with a total square footage of 3,000. The asking rent for this location was set at $264 per square foot, under a NNN lease structure.

Summary of transaction details:

This lease transaction was facilitated by Tahari Realty, representing both the tenant Polymarket and the landlord Steven Croman. The lease will serve as the home for Polymarket's new concept, “The Polymarket,” showcasing innovative grocery activation within the West Village storefront. The successful lease demonstrates the ability of Tahari Realty to provide creative solutions that maximize value for clients in the competitive NYC market.

Players

Aryeh Vilinsky
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Aryeh Vilinsky

Tahari Realty

Broker

63 deals

Broker

Jack Sash Basora

Tahari Realty

Broker

$17M

vol

24 deals

Broker

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

60087.12%

Cash-on-Cash

-17173.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93