facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

28 Grand Street

Antonio Vendome Of Vendome Group Leases Retail Space To Tokuyamatcha & Onigirazu In Soho
LEASEDRetail

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

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:

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.

Players

John Roesch

Meridian Capital Group

Broker

97 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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