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279 Church Street

Endwell Hospitality Leases Retail Space From Slavik Gofman At 279 Church Street For $147/ft
LEASEDRetail

Endwell Hospitality Leases Retail Space From Slavik Gofman At 279 Church Street For $147/ft

279 Church Street

$147

$147/SF

Building Size

1,875 SF

Asset Type

Retail

Closing

Aug 4, 2026

AI

The property asset involved in this transaction is a retail space located at 279 Church Street in New York. The total square footage of the lease is 1,875 square feet with an asking rent of $147 per foot. The lease type is a Single Net Lease.

Summary of transaction details:

This transaction involved key individuals from Meridian Capital Group, with James Famularo and Jacob Mayer representing the landlord, Slavik Gofman, and Samuel Mukamal representing the tenant, Endwell Hospitality. Each representative played a crucial role in facilitating this lease agreement.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

374 deals

Broker

Slavik Gofman

Landlord

10 deals

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

107911.56%

Cash-on-Cash

-30841.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93