Yaasa Corp Leases Retail Space At 212 East 45th Street With Nick Hanna Of Meridian Capital Group
212 East 45th Street
$137
$137/SF
Building Size
983 SF
Asset Type
Retail
Closing
Nov 9, 2025
About this deal
AI
The retail asset at 212 East 45th Street is situated in the Turtle Bay neighborhood of Manhattan. The property consists of a total space of 983 square feet and is under a Single Net Lease agreement with an asking rent of $137 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $137/ft
- Square Footage: 983
- Address: 212 East 45th Street
- Market: Turtle Bay, Manhattan
- Landlord: Solil Management
- Tenant: Yaasa Corp
- Tenant's Representative: Nick Hanna - Meridian Capital Group
The transaction was facilitated by Nick Hanna from Meridian Capital Group, representing Yaasa Corp in this lease agreement while Solil Management serves as the landlord. This lease arrangement highlights the involvement of key representatives in securing the agreement for the tenant.
On the Map
$137
$137/SF
Retail
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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
115788.32%
Cash-on-Cash
-33092.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93