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
About this deal
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:
- Property Type: Retail
- Transaction Amount: $130/ft
- Address: 280 East Houston Street
- Market: East Village
- Asset Type: Retail
- Landlord: Samy Mahfar - SMA Equities
- Tenant: E Houston Pilates
- Landlord's Representative: Noam Aziz, Carson Shahrabani & Max Freudenberger - Meridian Capital Group
- Lease Type: Single Net Lease
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.
On the Map
$130
$130/SF
Retail
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Players
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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