facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

1884 3rd Avenue

Guacado Leases Retail Space In New York At 1884 3rd Avenue For $85/SF
LEASEDRetail

Guacado Leases Retail Space In New York At 1884 3rd Avenue For $85/SF

1884 3rd Avenue

$85

$85/SF

Building Size

2,575 SF

Asset Type

Retail

Closing

Mar 19, 2025

AI

The transaction involves a retail asset located at 1884 3rd Avenue in New York. The property encompasses a total area of 2,575 square feet and has a rental rate of $85.00 per square foot.

Summary of transaction details:

The deal features key individuals and companies, including tenant representatives Noam Aziz and Carson Shahrabani from Meridian Capital Group, representing Guacado. The landlord, John Lemarier, is represented by Cooper Katz from ABS Partners Real Estate in this lease transaction.

Players

Cooper Katz

ABS Partners Real Estate

Broker

$4.3M

vol

13 deals

Broker

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

186623.53%

Cash-on-Cash

-53337.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93