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27 East 21st Street

Updated Aug 19, 2026

Astrology Gifts LLC Leases Retail Space At 27 East 21st Street For $36/ft
LEASEDRetail

Astrology Gifts LLC Leases Retail Space At 27 East 21st Street For $36/ft

27 East 21st Street

$36

$36/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Jul 24, 2026

About this deal

AI

The property asset involved in this transaction is located at 27 East 21st Street in the Gramercy market. It is a retail space totaling 2,500 square feet. The asking rent for this property is set at $36 per square foot. The lease agreement established has a term of 10 years and is classified as a Modified Gross Lease.

Summary of transaction details:

The transaction involves two key representatives from Tri State Commercial Realty, specifically Joy Fescine who represents the landlord, Ruth Shomron, and Fredy Bagdadi who represents the tenant, Astrology Gifts LLC. Their roles were essential in facilitating this leasing agreement in the retail sector.

Players

Fredy Bagdadi

Tri State Commercial Realty

Broker

10 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $36 per square foot on a published $36 for 2,500 square feet (2026).

Visit Fredy Bagdadi to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

440638.89%

Cash-on-Cash

-125935.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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