Situ Yon Qi Leases Retail Space At 27 Saint Marks Place For $200 Per Ft With Brokers Noam Aziz Daniel Zacaim & Carson Shahrabani
27 Saint Marks Place
$200
$200/SF
Building Size
500 SF
Asset Type
Retail
Closing
Oct 9, 2026
About this deal
AI
This retail lease transaction involves a property located at 27 Saint Marks Place in the East Village market, with a total space of 500 square feet. The asking rent for this space is set at $200 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $100,000
- Landlord: Jay Heydt - Madison Realty Capital
- Tenant: Situ Yon Qi
- Brokers: Noam Aziz, Daniel Zacaim & Carson Shahrabani - Meridian Capital Group
- Lease Type: Retail Lease
The deal was facilitated by the brokerage team of Noam Aziz, Daniel Zacaim, and Carson Shahrabani, who represented the interests of both the landlord and tenant during the transaction. Their involvement underscores the cooperative effort to align the needs of both parties in this lease agreement.
On the Map
$200
$200/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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93