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28 7th Avenue South

Heng Heng Group Leases Retail Space At 28 7th Avenue South In West Village
LEASEDRetail

Heng Heng Group Leases Retail Space At 28 7th Avenue South In West Village

28 7th Avenue South

$190

$190/SF

Building Size

2,215 SF

Asset Type

Retail

Closing

Jul 31, 2025

AI

This retail lease transaction is located at 28 7th Avenue South in the West Village market. The leased space spans 2,215 square feet and has an asking rent of $190 per square foot. The lease is classified as a Single Net Lease, involving EB Property Management as the landlord and Heng Heng Group as the tenant.

Summary of transaction details:

Titan Group New York represented the tenant in this transaction while JLL acted on behalf of the landlord. Titan Group New York specializes in commercial and residential leasing services.

Players

Adam Lavian

Titan Group New York

Broker

58 deals

Broker
Titan Group New York
Titan Group New YorkBrokerage
JLL
JLLBrokerage

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

83489.47%

Cash-on-Cash

-23861.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93