Victory Tattoo Leases Retail Space From Landlord Austen Rabbie At 152 East 22nd Street
152 East 22nd Street
$90
$90/SF
Building Size
600 SF
Asset Type
Retail
Closing
Mar 2, 2026
AI
The property asset involved in this transaction is a retail space located at 152 East 22nd Street in the Gramercy Park market. The lease type is a Single Net Lease with an asking rent of $90 per foot, and the total square footage is 600.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $54,000
- Landlord: Austen Rabbie
- Tenant: Victory Tattoo
- Landlord's Representative: Will Sine - Meridian Retail Leasing, James Famularo & Bobby Ortense - Meridian Capital Group
- Tenant's Representative: Ben Ijadi - ARA
This transaction highlights the roles of key representatives in the lease agreement, including the landlord's representatives from Meridian Retail Leasing and Meridian Capital Group, as well as the tenant's representative from ARA, facilitating the arrangement between Austen Rabbie and Victory Tattoo.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93