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21 West 86th Street

United Vein & Vascular Centers Leases Retail Space From Clipper Equity At 21 West 86th Street
LEASEDRetail

United Vein & Vascular Centers Leases Retail Space From Clipper Equity At 21 West 86th Street

21 West 86th Street

$100

$100/SF

Building Size

2,707 SF

Asset Type

Retail

Closing

Dec 31, 2025

AI

The property asset involved in this transaction is located at 21 West 86th Street in the Upper West Side market. This retail space is leased by United Vein & Vascular Centers under a Modified Gross Lease, with an asking rent of $100 per square foot for a total of 2,707 square feet. Clipper Equity is the landlord of this space.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $100/ft
  • Square Footage: 2,707
  • Address: 21 West 86th Street
  • Market: Upper West Side
  • Landlord: Clipper Equity
  • Tenant: United Vein & Vascular Centers
  • Landlord's Representative: Ravi Idnani, Aric Trakhtenberg & Ross Berkowitz - Newmark
  • Lease Type: Modified Gross Lease

Ravi Idnani, Aric Trakhtenberg & Ross Berkowitz, representing Clipper Equity, facilitated this leasing transaction. Additionally, there is a note that highlights the availability of 4,986 square feet of office, medical, preschool, daycare, or fitness space at the base of The Brewster Luxury Apartments.

Players

Aric Trakhtenberg

Newmark

Broker

$8.3M

vol

51 deals

Broker
Clipper Equity
Clipper EquityLandlord

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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93