Tamar Equities Leases Retail Space At 167 Madison Avenue To Noam's Eighth Deal With Savlat
167 Madison Avenue
$325
$325/SF
Building Size
250 SF
Asset Type
Retail
Closing
Jul 17, 2026
AI
The property involved in this transaction is a retail space located at 167 Madison Avenue in the Manhattan market. It is characterized by a leasing agreement with a asking rent of $325 per square foot for a total area of 250 square feet. The lease type is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $325/ft
- Address: 167 Madison Avenue
- Market: Manhattan
- Asset Type: Retail
- Landlord: Tamar Equities
- Landlord's Representative: Carlos Silberman
- Tenant: Noam's Eighth Deal with Savlat
- Tenant's Representative: Noam Aziz & Carson Shahrabani - Meridian Capital Group
- Lease Type: Single Net Lease
- Square Footage: 250
This transaction highlights the collaboration between the landlord and the tenant's representatives. Noam Aziz and Carson Shahrabani from Meridian Capital Group represented the tenant in this eighth deal with Savlat, indicating a continued partnership in the retail sector.
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
48809.23%
Cash-on-Cash
-13949.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93