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280 East Houston Street

E Houston Pilates Leases Retail Space At 280 East Houston Street From Samy Mahfar
LEASEDRetail

E Houston Pilates Leases Retail Space At 280 East Houston Street From Samy Mahfar

280 East Houston Street

$130

$130/SF

Building Size

2,349 SF

Asset Type

Retail

Closing

Jan 29, 2026

AI

The retail asset located at 280 East Houston Street in the East Village has a total square footage of 2,349. The property is under a Single Net Lease with an asking rent of $130 per square foot.

Summary of transation details:

Key individuals involved in this transaction include the landlord, Samy Mahfar from SMA Equities, who is leasing the property to E Houston Pilates. The landlord's representation was provided by Noam Aziz, Carson Shahrabani, and Max Freudenberger of Meridian Capital Group, facilitating the lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker

Samy Mahfar

SMA Equities

Landlord

$295M

vol

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

122023.08%

Cash-on-Cash

-34874.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93