facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

166 2nd Avenue

Mark Zhang Signs Lease For Retail Space At 166 2nd Ave, East Village
LEASEDRetail

Mark Zhang Signs Lease For Retail Space At 166 2nd Ave, East Village

166 2nd Avenue

$187

$187/SF

Building Size

770 SF

Asset Type

Retail

Closing

Jul 1, 2023

AI

The retail property located at 166 2nd Ave in East Village has been leased. The property has a total area of 770 square feet. The landlord of the property is BLDG Management and the tenant is Mark Zhang. The lease transaction was facilitated by the brokers Tyler Zar, Tanner Zar, and Adam Lavian of Titan Group New York and Zelnik & Company. The asking rent for the property was $187 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Address: 166 2nd Ave
  • Market: East Village
  • Landlord: BLDG Management
  • Tenant: Mark Zhang
  • Brokers: Tyler Zar, Tanner Zar, Adam Lavian - Titan Group New York; Zelnik & Company
  • Asking Rent: $187/ft
  • Total Square Footage: 770

The leasing transaction for the retail property at 166 2nd Ave in East Village was handled by brokers Tyler Zar, Tanner Zar, and Adam Lavian of Titan Group New York and Zelnik & Company. The property was leased to Mark Zhang, with the landlord being BLDG Management. For more information or inquiries, interested parties can contact Tyler Zar at [email protected] or by calling (516) 784-0478.

Players

Adam Lavian

Titan Group New York

Broker

59 deals

Broker
B
BLDGLandlord

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

84828.88%

Cash-on-Cash

-24244.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93