Derrick Shaoulpour Leases Retail Space To Buddies Coffee At 226 East 3rd Street
226 East 3rd Street
$156
$156/SF
Building Size
200 SF
Asset Type
Retail
Closing
Oct 15, 2024
About this deal
AI
The property asset involved in this transaction is located at 226 East 3rd Street in the East Village market. It is a retail space with a lease type classified as Retail Lease. The asking rent for this 200 square feet space is set at $156 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $156/ft
- Lease Type: Retail Lease
- Address: 226 East 3rd Street
- Market: East Village
- Landlord: Derrick Shaoulpour
- Tenant: Buddies Coffee
- Landlord's Representative: Joseph Harary & Shaya Katz - Meridian Capital Group
- Tenant's Representative: Abe Smouha - RJBRE
This transaction brings Buddies Coffee to the East Village, with Abe Smouha representing the tenant for all leasing needs. For inquiries, contact Abe Smouha at [email protected].
On the Map
$156
$156/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
101685.90%
Cash-on-Cash
-29062.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93