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240 East 75th Street

Calveras Leases Retail Space At 240 East 75th Street From REDA Holdings For $141/ft
LEASEDRetail

Calveras Leases Retail Space At 240 East 75th Street From REDA Holdings For $141/ft

240 East 75th Street

$141

$141/SF

Building Size

1,700 SF

Asset Type

Retail

Closing

Oct 27, 2025

AI

The property asset involved in this transaction is a retail space located at 240 East 75th Street in the Lenox Hill neighborhood of Manhattan. The asking rent for this space is $141 per square foot, and its total size is 1,700 square feet. This lease arrangement is classified as a Single Net Lease.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $141/ft
  • Address: 240 East 75th Street
  • Market: Lenox Hill, Manhattan
  • Landlord: REDA Holdings
  • Tenant: Calveras
  • Lease Type: Single Net Lease
  • BROKERS: Noam Aziz, Carson Shahrabani & Samuel Mukamal - Meridian Capital Group

This lease transaction was facilitated by brokers Noam Aziz, Carson Shahrabani, and Samuel Mukamal, who represent the landlord and tenant in this deal. The participation of Meridian Capital Group highlights the brokerage's involvement in the negotiation and execution of the lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker
RH
REDA HoldingsLandlord

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

112503.55%

Cash-on-Cash

-32153.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93