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212 East 45th Street

Yaasa Corp Leases Retail Space At 212 East 45th Street With Nick Hanna Of Meridian Capital Group
LEASEDRetail

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

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.

Players

Nick Hanna

Meridian Capital Group

Broker

9 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage
Solil Management
Solil ManagementLandlord

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