Tzvi Wertenteil Leases Retail Space To Lazy Bulldog Cafe In East Village For $108/ft
206 East 6th Street
$108
$108/SF
Building Size
500 SF
Asset Type
Retail
Closing
Oct 28, 2025
About this deal
AI
The property asset is a retail space located at 206 East 6th Street in the East Village market. The lease is for a space of 500 square feet with an asking rent of $108 per square foot. The lease type is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $108/ft
- Square Footage: 500
- Address: 206 East 6th Street
- Market: East Village
- Landlord: Tzvi Wertenteil
- Tenant: Lazy Bulldog Cafe
- Landlord's Representative: James Famularo & Cole Kleppinger - Meridian Capital Group
- Tenant's Representatives: Justin DiGiulio, Tudor Bodrug & Jason Berisha - DiGiulio Team
The transaction involved key individuals including Tzvi Wertenteil as the landlord, and the tenant, Lazy Bulldog Cafe, represented by Justin DiGiulio, Tudor Bodrug, and Jason Berisha from the DiGiulio Team. The lease was negotiated with the assistance of landlord's representatives James Famularo and Cole Kleppinger from Meridian Capital Group.
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
146879.63%
Cash-on-Cash
-41978.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93