RFR Holding Leases Retail Space To MIMI'S FROZEN YOGURT At 150 East 72nd Street
150 East 72nd Street
$400
$400/SF
Building Size
4,500 SF
Asset Type
Retail
Closing
Jul 1, 2026
AI
The asset involved in this transaction is a retail property located at 150 East 72nd Street in the Upper East Side market. The lease term is long-term with a modified gross lease. The asking rent is set at $400 per square foot for a total space of 4,500 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $400/ft
- Lease Term: Long Term
- Lease Type: Modified Gross Lease
- Landlord: RFR Holding
- Tenant: MIMI'S FROZEN YOGURT
- Landlord's Representative: Brandon Singer & Suzanne Bernstock - Retail By Mona
- Tenant's Representative: Sam Hamway - REQCE Commercial
This transaction showcases the collaboration between significant professionals in the retail leasing market, with Brandon Singer and Suzanne Bernstock representing RFR Holding, while Sam Hamway represents MIMI'S FROZEN YOGURT, highlighting the active engagement of specialized representatives in negotiating the terms of the lease.
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
39657.50%
Cash-on-Cash
-11334.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93