Antonio Vendome Of Vendome Group Leases Retail Space To Tokuyamatcha & Onigirazu In Soho
28 Grand Street
$190
$190/SF
Building Size
600 SF
Asset Type
Retail
Closing
May 5, 2025
About this deal
AI
The property asset involved in this transaction is located at 28 Grand Street in the Soho market. It is a retail asset with a lease type classified as a Single Net Lease. The asking rent for this property was set at $190 per square foot for a total of 600 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $190/ft
- Lease Type: Single Net Lease
- Address: 28 Grand Street
- Market: Soho
- Landlord: Antonio Vendome - Vendome Group
- Tenant: Tokuyamatcha & Onigirazu
- Brokers: John Roesch, Sara Lamstein & Mariko Tanaka - Meridian Capital Group
The individuals involved in this deal include Antonio Vendome representing the Vendome Group as the landlord and Tokuyamatcha & Onigirazu as the tenant. The transaction was facilitated by brokers John Roesch, Sara Lamstein, and Mariko Tanaka, all of whom are part of the Meridian Capital Group.
On the Map
$190
$190/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
83489.47%
Cash-on-Cash
-23861.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93