Recente Restaurant Leases Retail Space At 182 Second Avenue In East Village For $192/SF
182 Second Avenue
$192
$192/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
May 14, 2026
About this deal
AI
The property asset involved is a retail space located at 182 Second Avenue in the East Village. The lease type is categorized as a Retail Lease, with an asking rent of $192 per square foot for a total square footage of 1,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $192/ft
- Address: 182 Second Avenue
- Market: East Village
- Landlord: Cacio e Pepe
- Tenant: Recente Restaurant
- Landlord's Representative: Claude Kolb - Lee & Associates
- Tenant's Representatives: Tyler Zar, Adam Lavian & Tanner Zar - Titan Group New York
Key individuals in this lease transaction include Tyler Zar, Adam Lavian, and Tanner Zar, representing the tenant, Recente Restaurant. The landlord, Cacio e Pepe, is represented by Claude Kolb from Lee & Associates. A note from the tenant's representatives states that the East Village's newest upscale restaurant is coming soon, encouraging interest in the new establishment.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Tyler Zar to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
82619.79%
Cash-on-Cash
-23612.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93