Vanguard Leases Retail Space To Sonnys Pub At 16 East 41st Street In Manhattan
16 East 41st Street
$167
$167/SF
Building Size
2,300 SF
Asset Type
Retail
Closing
Feb 14, 2026
About this deal
AI
A retail lease has been finalized for the property located at 16 East 41st Street in Manhattan. The asking rent was set at $167 per square foot for a total space of 2,300 square feet. The leasing arrangement established is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $167/ft
- Lease Size: 2,300 SF
- Address: 16 East 41st Street
- Market: Manhattan
- Landlord: Vanguard
- Tenant: Sonnys Pub
- Tenant's Representative: Tyler Zar, Tanner Zar & Adam Lavian - Titan Group New York
titan group new york represented the tenant sonnys pub in this transaction. team specializes commercial and residential leasing ensuring a smooth process for their clients. inquiries about vacant units owners can reach out to professional guidance.>
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
94988.02%
Cash-on-Cash
-27147.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93