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217 East 29th Street

Joseph Gaymon Of Ranger Management Leases Retail Space At 217 East 29th Street To Current Coffee
LEASEDRetail

Joseph Gaymon Of Ranger Management Leases Retail Space At 217 East 29th Street To Current Coffee

217 East 29th Street

$135

$135/SF

Building Size

400 SF

Asset Type

Retail

Closing

Aug 14, 2025

AI

The retail property located at 217 East 29th Street in Kips Bay, Manhattan has a total square footage of 400. The asking rent for the space is set at $135 per square foot, and the lease type is classified as a Single Net Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $135/ft
  • Address: 217 East 29th Street
  • Market: Kips Bay, Manhattan
  • Landlord: Joseph Gaymon - Ranger Management
  • Tenant: Current Coffee
  • Landlord's Rep: Joseph Gaymon
  • Tenant's Rep: Tyler Zar, Adam Lavian & Tanner Zar - Titan Group New York
  • Square Footage: 400
  • Lease Type: Single Net Lease

The transaction was facilitated with the representation of the tenant by Tyler Zar, Adam Lavian, and Tanner Zar from Titan Group New York. Titan Group New York specializes in commercial and residential leasing, providing guidance for owners seeking to lease vacant units.

Players

Adam Lavian

Titan Group New York

Broker

58 deals

Broker
Titan Group New York
Titan Group New YorkBrokerage

Joseph Gaymon

Landlord

1 deal

Landlord

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

117503.70%

Cash-on-Cash

-33582.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93